Novelo's Bus Line

National Transportation Services Limited is a national transport carrier serving all major districts of Belize. Established in January 2006 following the collapse of the former Novelo's Bus Lines Limited, the reigning monopoly company in Belizean transportation, the NTSL is run by the former owners of that company, David and Antonio Novelo, on much the same permits as the original Novelo's.However this company too has failed like its predeccesor. In 2010 to 2011 a massive void was dented into the transport system for Belize when the company went into bankruptcy.

As of February 2007:

Buses are classified as either Regular runs (usual prices) or Express runs (faster, for slightly higher prices).

In December 2005, the former Novelo's Bus Line shut down abruptly after more than two and a half decades of transportation service in Belize.

Beginning in about 1998, the Novelo brothers, David and Antonio, embarked on an ambitious plan to control all transport services in Belize. They began buying up smaller, competing companies, including Batty's Bus Line, their largest competitor, and Venus Line, owned by Corozal's Froylan Gilharry. Before long, Novelo's controlled the Northern routes to Corozal and the Orange Walk Districts, the Western route to Cayo and most of the southern route to Dangriga and Punta Gorda (the rest was patrolled by P.G.'s James Bus Line), having bought out companies running these routes. The Novelos used monies borrowed from the Development Finance Corporation to pay for these takeovers and operational costs.

As often happens with monopolies, hiccups in the industry began to affect the company. Gas prices soared, and it quickly became more expensive to maintain 24-hour-a-day routes. At the same time, monies were due to the Atlantic and Belize Banks, which had bankrolled the expansion plan. By 2005, the situation was too much, and the brothers declared bankruptcy; the once-proud Novelo's Line went into receivership. Even in receivership the company remained unable to lift itself out of trouble, and it went down in December. Meanwhile, the brothers planned to get back into the transport business under a new name: National Transport. This new company would run mainly to the West and North, and in Belize City, under the name Belize In Transit Services.

The wary Ministry of Transport at first refused to give the brothers licenses. Attempts to run the routes without licenses were shut down until the process was complete, but for several days Belizeans had no bus transport.

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