Welcome to our dedicated page for Blue Bird Corporation news (Ticker: BLBD), a resource for investors and traders seeking the latest updates and insights on Blue Bird Corporation stock.
Blue Bird Corporation (symbol: BLBD) is a leading American manufacturer of school buses, offering a complete line of Type A, C, and D buses in various configurations. Since its inception in 1927, Blue Bird has been at the forefront of innovation in bus design and manufacturing, setting industry standards for quality and safety. The company's Georgia-based manufacturing facilities and a robust network of dealers and service centers across North America enable it to cater to a wide market.
With over 1,600 employees, Blue Bird's commitment to safety and reliability is evident in its comprehensive range of buses designed to meet diverse customer needs. The company also offers extensive financial solutions through Blue Bird Capital Services, facilitating easier access to their products.
Blue Bird has a significant global footprint, with sales extending to over 60 countries, including regions in Africa, Asia, the Caribbean, Latin America, Europe, and the Middle East. The company's operations are divided into two primary segments: the Bus segment, which focuses on the design, engineering, and sales of school buses along with extended warranties, and the Parts segment, which deals with the sale of replacement bus parts.
Recent developments in Blue Bird's operations highlight its dedication to enhancing safety and innovation. The company continues to invest in new technologies and partnerships, ensuring that it remains a leader in the school bus manufacturing industry. Financially, Blue Bird is stable, with the majority of its sales coming from the United States.
Blue Bird Corporation (NASDAQ: BLBD) has initiated a groundbreaking pilot program by delivering 20 electric school buses to Boston Public Schools. This deployment represents the largest electric school bus initiative in the Northeast, under the leadership of Boston Mayor Michelle Wu. The goal is to transition Boston’s fleet of 750 buses to electric by 2030, significantly reducing greenhouse gas emissions and enhancing student health.
The Blue Bird Vision electric buses can transport up to 71 students for 120 miles on a single charge. Charging time is approximately four hours. This pilot program is not only expected to improve air quality but also reduce operational costs, with electric buses averaging 14 cents per mile compared to diesel's 49 cents.
Blue Bird Corporation (NASDAQ: BLBD) announced the appointment of Simon J. Newman to its Board of Directors, effective April 4, 2023. Newman, with over 40 years of experience in precision-engineered manufacturing and executive strategy, is the chairman of MW Industries and has previously served as CEO of Form Technologies for 18 years. His appointment is expected to enhance Blue Bird's leadership in school bus manufacturing, particularly in low- and zero-emission transportation. Matthew Stevenson, president and CEO of Blue Bird, expressed confidence in Newman's contributions toward improving safety and reliability as the company continues its focus on eco-friendly student transportation.
Blue Bird is recognized as a leader in the school bus industry, with over 20,000 alternative fuel buses in operation.
Blue Bird Corporation (NASDAQ: BLBD) announced its participation in the 35th annual Roth Conference from March 12-14, 2023, in Dana Point, California. The event will feature 1-on-1 meetings, analyst-selected fireside chats, and thematic industry panels, providing opportunities for executives to engage with investors. Blue Bird is a leader in electric and low-emission school buses, operating over 20,000 propane, natural gas, and electric buses. As a trusted brand since 1927, it focuses on safety, reliability, and durability in student transportation while driving the industry's transition to cleaner energy solutions.
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