ABM Parking Services, a part of business services provider ABM Industries Incorporated ABM has recently been selected for the parking management contract and aims to extend its services at Nashville International Airport (BNA).
Under this multi million dollar contract, ABM Parking Services will oversee 11,150 parking spaces across BNA's five parking facilities. The services provided by ABM will include parking management; shuttle transportation services, valet parking; consulting equipment procurement and layout of parking facilities and many other services. These innovative parking solutions are likely to augment the parking experience of its customers.
As one of the largest parking operators in the country, one of ABM Parking Services major expertise lies in managing the complex parking operations in the multi-use segment. ABM Parking Services provides services to many other airports around the country and such contracts are likely to augment the revenues of the company.
Headquartered in San Francisco, CA, ABM Industries provides engineering, janitorial, parking, and security services to commercial, industrial, institutional, and retail facilities across the U.S. as well as Puerto Rico, British Columbia, and Canada. ABM has developed a platform to deliver an end-to-end service model to its clients by realigning its operational structure to an on-site, mobile and on-demand market based structure.
ABM Industries currently has a Zacks Rank #2 (Buy). Other stocks that look promising and are worth considering now in the industry include CoreLogic, Inc. CLGX, NV5 Holdings, Inc NVEE carrying a Zacks Rank #1 (Strong Buy) and Rollins Inc ROL carrying a Zacks Rank #2.
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