New York’s RTS awards NFI subsidiary New Flyer order for 44 Xcelsior heavy-duty transit buses
NFI Group's subsidiary New Flyer has received a firm order from Regional Transit Service (RTS) for 44 Xcelsior clean-diesel heavy-duty transit buses. The order includes 24 40-foot buses and 20 60-foot buses, supported by federal, state, and local funding. The contract was added to New Flyer's backlog in Q3 2024. RTS, based in Rochester, New York, serves over 10 million annual passengers across eight counties. The order builds on a 25-year relationship during which New Flyer has delivered more than 200 buses to RTS. The Xcelsior buses comply with EPA and NHTSA's Heavy-Duty National Program for reducing greenhouse gas emissions.
New Flyer, una controllata di NFI Group, ha ricevuto un ordine fermo dal Regional Transit Service (RTS) per 44 autobus di trasporto pesante a diesel pulito Xcelsior. L'ordine comprende 24 autobus da 40 piedi e 20 autobus da 60 piedi, sostenuti da finanziamenti federali, statali e locali. Il contratto è stato aggiunto al portafoglio di New Flyer nel terzo trimestre del 2024. RTS, con sede a Rochester, New York, serve oltre 10 milioni di passeggeri all'anno in otto contee. L'ordine si basa su una relazione che dura da 25 anni, durante la quale New Flyer ha consegnato più di 200 autobus a RTS. Gli autobus Xcelsior sono conformi al programma nazionale per i veicoli pesanti dell'EPA e della NHTSA per la riduzione delle emissioni di gas serra.
New Flyer, una subsidiaria de NFI Group, ha recibido un pedido firme del Regional Transit Service (RTS) por 44 autobuses de tránsito de servicio pesado a diésel limpio Xcelsior. El pedido incluye 24 autobuses de 40 pies y 20 autobuses de 60 pies, respaldados por financiamiento federal, estatal y local. El contrato se agregó al backlog de New Flyer en el tercer trimestre de 2024. RTS, con sede en Rochester, Nueva York, atiende a más de 10 millones de pasajeros anuales en ocho condados. El pedido se basa en una relación de 25 años durante la cual New Flyer ha entregado más de 200 autobuses a RTS. Los autobuses Xcelsior cumplen con el Programa Nacional de Vehículos Pesados de la EPA y la NHTSA para reducir las emisiones de gases de efecto invernadero.
NFI 그룹의 자회사 뉴 플라이어가 지역 교통 서비스(Regional Transit Service, RTS)로부터 44대의 청정 디젤 중형 전기 버스를 Xcelsior에 대한 확정 주문을 받았습니다. 이 주문에는 40피트 버스 24대와 60피트 버스 20대가 포함되어 있으며, 연방, 주 및 지방 정부의 자금 지원을 받습니다. 이 계약은 2024년 3분기 뉴 플라이어의 미수주 잔고에 추가되었습니다. 뉴욕 로체스터에 위치한 RTS는 8개 카운티에서 연간 1천만 명 이상의 승객을 수송하고 있습니다. 이 주문은 뉴 플라이어가 RTS에 200대 이상의 버스를 제공한 25년의 관계를 기반으로 하고 있습니다. Xcelsior 버스는 온실가스 배출을 줄이기 위해 EPA와 NHTSA의 중형차 국가 프로그램을 준수합니다.
New Flyer, une filiale de NFI Group, a reçu une commande ferme du Regional Transit Service (RTS) pour 44 bus de transit lourds à diesel propre Xcelsior. La commande comprend 24 bus de 40 pieds et 20 bus de 60 pieds, soutenus par un financement fédéral, étatique et local. Le contrat a été ajouté au carnet de commandes de New Flyer au troisième trimestre 2024. RTS, basé à Rochester, New York, dessert plus de 10 millions de passagers par an dans huit comtés. Cette commande s'inscrit dans une relation de 25 ans durant laquelle New Flyer a livré plus de 200 bus à RTS. Les bus Xcelsior sont conformes au programme national pour les poids lourds de l'EPA et de la NHTSA visant à réduire les émissions de gaz à effet de serre.
New Flyer, eine Tochtergesellschaft der NFI Group, hat eine feste Bestellung über 44 Xcelsior saubere Diesel-Hochdachbusse vom Regional Transit Service (RTS) erhalten. Die Bestellung umfasst 24 40-Fuß-Busse und 20 60-Fuß-Busse, die durch Bundes-, Landes- und Kommunalfinanzierung unterstützt werden. Der Vertrag wurde im dritten Quartal 2024 zum Auftragsbestand von New Flyer hinzugefügt. RTS mit Sitz in Rochester, New York, bedient über 10 Millionen Fahrgäste jährlich in acht Landkreisen. Die Bestellung baut auf einer 25-jährigen Beziehung auf, während der New Flyer mehr als 200 Busse an RTS geliefert hat. Die Xcelsior-Busse entsprechen dem Heavy-Duty National Program der EPA und NHTSA zur Reduzierung der Treibhausgasemissionen.
- Secured new order for 44 buses, strengthening backlog in Q3 2024
- Contract supported by multi-level government funding
- Maintains 25+ year relationship with major transit authority serving 10M annual passengers
- None.
ST. CLOUD, Minn., Oct. 24, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leading independent bus and coach manufacturer and a leader in zero-emission electric mass mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced a new firm order from Regional Transit Service, Inc. (RTS) for 44 Xcelsior® clean-diesel heavy-duty transit buses. The contract includes 24 Xcelsior 40-foot buses (24 EUs) and 20 Xcelsior 60-foot buses (40 EUs). The contract was supported by a combination of federal, state, and local funding and was added to New Flyer’s backlog in Q3 2024.
RTS is based in Rochester, New York and is the largest subsidiary of the Rochester Genesee Regional Transportation Authority (RGRTA). RGRTA’s subsidiaries have a combined ridership of more than 10 million annual passenger trips and provide services across Monroe, Genesee, Livingston, Ontario, Orleans, Seneca, Wayne, and Wyoming counties.
“NFI’s relationship with RTS has lasted for more than 25 years and includes the delivery of more than 200 buses,” said Chris Stoddart, President, North American Bus and Coach, NFI. “The Xcelsior platform provides a high level of commonality, enabling a seamless integration of these new buses into RTS’s existing fleet. The technological advancements integrated into all lengths and propulsions of our Xcelsior family of buses mean life-cycle savings, best-in-class features, and a superior passenger and driver experience for our customers.”
“Our mission at RTS is to provide safe, reliable, convenient, and sustainable transportation,” said Miguel Velázquez, CEO for RTS. “To successfully carry out that mission we need a dedicated team, reliable buses, and long-standing partnerships with companies like New Flyer. I am happy to say we have all three. We appreciate the relationship we have with New Flyer and look forward to our continued work together.”
The Xcelsior buses conform to the Environmental Protection Agency and National Highway Traffic Safety Administration’s comprehensive Heavy-Duty National Program, which reduces greenhouse gas emissions and fuel consumption for heavy-duty highway vehicles. New Flyer’s technology combines ultra-low sulfur diesel fuel, advanced engines, and effective emissions controls, resulting in a highly efficient bus with reduced emissions. For more information, visit newflyer.com/xcelsior-diesel.
About NFI
Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation.
With over 8,750 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motor coaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motor coaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. In total, NFI supports its installed base of over 100,000 buses and coaches around the world. NFI’s common shares trade on the Toronto Stock Exchange (“TSX”) under the symbol NFI and its convertible unsecured debentures trade on the TSX under the symbol NFI.DB. News and information is available at www.nfigroup.com, www.newflyer.com, www.mcicoach.com, nfi.parts, www.alexander-dennis.com, arbocsv.com, and carfaircomposites.com.
About New Flyer
New Flyer is North America’s heavy-duty transit bus leader and offers the most advanced product line under the Xcelsior® and Xcelsior CHARGE® brands. It also offers infrastructure development through NFI Infrastructure Solutions™, a service dedicated to providing safe, sustainable, and reliable charging and mobility solutions. New Flyer actively supports over 35,000 heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 8,600 are powered by electric motors and battery propulsion and 1,900 are zero-emission. Further information is available at www.newflyer.com.
Forward-Looking Statement
This press release may contain forward-looking statements relating to expected future events and financial and operating results of NFI that involve risks and uncertainties. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. Actual results may differ materially from management expectations as projected in such forward-looking statements for a variety of reasons, including market and general economic conditions and economic conditions of and funding availability for customers to purchase buses and to purchase parts or services; customers may not exercise options to purchase additional buses; the ability of customers to suspend or terminate contracts for convenience; production may be delayed or production rates may be decreased as a result of ongoing and future supply chain disruptions and shortages of parts and components, shipping and freight delays, and disruption to and shortage of labor supply; and the other risks and uncertainties discussed in the materials filed with the Canadian securities regulatory authorities and available on SEDAR at www.sedarplus.ca.
Due to the potential impact of these factors, NFI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.
For investor and media inquiries, please contact:
Stephen King
P: 204.792.1300
Stephen.King@nfigroup.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/99f71adb-48c1-472b-b58d-e3b0e6ee9667
FAQ
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