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RTC of Southern Nevada exercises option for 50 more low-emission buses from NFI subsidiary New Flyer
Globenewswire· 2026-02-05 12:00
ST. CLOUD, Minn., Feb. 05, 2026 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer of America Inc. (New Flyer), a leading provider of diverse and sustainable mobility solutions and subsidiary of NFI Group Inc. (NFI), has confirmed that the Regional Transportation Commission of Southern Nevada (RTC) is exercising options for 19 sixty-foot and 31 forty-foot Xcelsior® compressed natural gas (CNG) buses. This order was included in NFI’s fourth quarter 2025 firm backlog. Valued at approximately $ ...
Blue Bird(BLBD) - 2026 Q1 - Earnings Call Transcript
2026-02-04 22:30
Blue Bird (NasdaqGM:BLBD) Q1 2026 Earnings call February 04, 2026 04:30 PM ET Speaker7Hello, everyone. Thank you for attending today's Blue Bird Fiscal 2026 first quarter earnings call. My name is William, and I'll be your moderator today. All lines will be muted during the presentation portion of the call, with an opportunity for questions and answers at the end. If you would like to ask a question, please press star one on your telephone keypad. At this time, I would now like to pass the conference over t ...
New Jersey orders additional 375 Xcelsior® clean-diesel buses from New Flyer
Globenewswire· 2026-01-29 12:00
ST. CLOUD, Minn., Jan. 29, 2026 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI), a leader in bus and coach mobility solutions, and subsidiary New Flyer of America Inc. (New Flyer), has received an additional order from New Jersey Transit Corporation (NJ TRANSIT) for 375 Xcelsior® 40-foot, clean-diesel transit buses. This order is part of a larger, previously announced multi-phase fleet replacement program, with orders placed in the third and fourth quarters of 2025. The origina ...
3890万元招标40辆纯电公交客车!
第一商用车网· 2026-01-29 07:04
1月28日,德阳裕兴公共交通有限责任公司采购40辆纯电公交客车招标公告发布。预算金额(含税)3890万元,本项目划分为2个标 包,标包1采购8.5米级纯电动城市客车10辆,预算资金为860万元;标包2采购10米级纯电动城市客车30辆,预算资金为3030万元。 2未按照要求报名的投标人,无投标资格。 3.获取招标文件费用:潜在供应商须登录德阳智慧招投标综合服务监管系统(https: //gzzc.sczyzx.cn/),按照平台要求报名并在报名截止时间前及时获取招标文件. 六、递交投标文件截止时间及地点 1.递交投标文件截止时间(投标截止时间):2026年2月26日9:00(北京时间)。 2.开标时间:同递交投标文件截止时间。 3.投标文件用CA证书加密后递交到德阳智慧招投标综合服务监管系统(https://gzzc.sczyzx.cn/)。 4.投标人须在开标时间前登录德阳智慧招投标综合服务监管系统(https: //gzzc.sczyzx.cn/)网上开标系统进行线上开标,在规定时间解密投标文件。 七,线上开标 投标人登录德阳智慧招投标综合服务监管系统(https://gzzc.sczyzx.cn/)进入网 ...
NFI schedules fourth quarter 2025 financial results and conference call
Globenewswire· 2026-01-28 12:00
WINNIPEG, Manitoba, Jan. 28, 2026 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company) a leader in bus and coach mobility solutions, today announced it intends to release its fourth quarter 2025 financial results on Wednesday, March 11, 2026 after market close, with a conference call and webcast to discuss the results on Thursday, March 12, 2026, at 8:30 a.m. (Eastern Time, ET). For attendees who wish to join by webcast, registration is not required; the event can be a ...
超5500万元公交车采购项目发布!谁能拿下? | 头条
第一商用车网· 2026-01-22 04:13
1月21日,2026年浙江衢州公交集团有限公司公交车采购项目招标公告发布。该项目总价 最高限价为5560.6万元,共计招标纯电动公交车86辆,划分六个标项进行,六个标项目可 兼头兼中。 其中,标项一采购10.5米级纯电动公交车14辆,总价限价1187.2万元;标项二采购8.5米 级纯电动公交车20辆,总价限价1416万元;标项三采购7米级纯电动公交车25辆,总价限 价1470万元;标项四采购6米级纯电动公交车11辆,总价限价567.6万元;标项五采购 6.99米纯电动公交车13辆,总价限价764.4万元;标项六采购5.99米纯电动公交车(19坐 无站立)3辆,总价限价155.4万元。 [正在投标][市本级]2026年浙江衢州公交集团有限公司公交 车采购项目 【信息时间: 2026-01-21】 【我要打印】 根据《衢州市市属国有企业采购管理办法(试行)》(衢国资发〔2025〕181号)等有关规定,《州书商山工程咨询管理有限 公司受浙江衢州公交集团有限公司委托,就2026年浙江衢州公交集团有限公司公交车采购项目进行公开相标,欢迎国内合格的投 标人前来投标。 | 师 | 采购内 | 정 를 | 車价畳高 | 总价 ...
新一批新能源公交车招标!
第一商用车网· 2026-01-16 03:42
Group 1 - A new batch of public transport projects for electric buses has been announced, involving 80 electric buses with a total budget of 73.8 million yuan [1] - Dongying City has released a procurement project for 60 electric buses with a total budget of 57 million yuan, divided into three packages [1] - The procurement includes 20 buses of approximately 10.5 meters in length for packages A and B, each with a budget of 20 million yuan, and 20 buses of over 8.5 meters for package C with a budget of 17 million yuan [1] Group 2 - The bidding process prohibits entities listed as untrustworthy tax violators from participating, except those whose restriction period has expired [2] - Bidders must not have the same responsible person or direct controlling relationship with other bidders for the same contract [2] Group 3 - Procurement documents can be downloaded online until February 6, 2026, at 09:00 [3] - Bidders must register on the Dongying public resource trading platform to download the electronic bidding documents [3] Group 4 - Bids must be submitted electronically to the Dongying public resource trading platform by February 6, 2026, at 09:00 [4][5] - The opening of bids will occur online on February 6, 2026, at 09:00, and bidders do not need to be present at the opening site [5] Group 5 - The announcement of the bidding project is published on multiple platforms, including the Dongying public resource trading website and the China bidding and tendering public service platform [6] Group 6 - The procurement is managed by Dongying Public Transport Group Co., Ltd., with contact details provided for inquiries [7][8] Group 7 - Weihai City has announced a procurement project for 20 electric buses with a budget of 16.8 million yuan [9] - The project requires bidders to submit their documents by February 5, 2026, at 09:00 [11][14] Group 8 - Bidders must meet specific qualifications, including having a good credit record and not being listed as untrustworthy by the Supreme People's Court [11][12] - The procurement process is fully electronic, and bidders must familiarize themselves with the online system [14]
NFI Group Amends Agreement with Coliseum Capital Management
Globenewswire· 2025-12-19 12:00
Core Viewpoint - NFI Group Inc. has amended its Investment Agreement with Coliseum Capital Management, allowing Coliseum to increase its ownership stake in NFI up to 25% from the previous 20% [1][2] Group 1: Investment Agreement Details - The Amended Agreement grants Coliseum the flexibility to raise its total ownership to a maximum of 25% of NFI's issued and outstanding common shares, with the flexibility expiring no later than December 31, 2026 [2] - Coliseum currently owns approximately 19.9% of NFI's shares, equating to 23,742,937 shares [2] - NFI will not issue new shares or receive proceeds from any increase in Coliseum's investment, as purchases will be made from existing shareholders [2] Group 2: Voting and Support - Coliseum has agreed to vote any additional shares purchased above its current holdings in favor of management and Board recommendations, and against any other matters [3] - NFI's Board and management express appreciation for Coliseum's long-term partnership and support in driving shareholder value [4] Group 3: Company Overview - NFI is a leader in bus and coach mobility solutions, offering a range of propulsion-agnostic platforms, including electric models [5] - The company employs over 9,000 team members across ten countries and supports an installed base of over 100,000 buses and coaches globally [6] - NFI's common shares trade on the Toronto Stock Exchange under the symbol NFI, and its convertible unsecured debentures trade under the symbol NFI.DB [6]
NFI Announces CEO Transition
Globenewswire· 2025-12-17 21:30
Core Viewpoint - NFI Group Inc. has appointed John Sapp as the new President and CEO, succeeding Paul Soubry, who is retiring after 16 years, marking a significant leadership transition aimed at driving the company's next phase of growth and operational execution [2][3][5]. Leadership Transition - John Sapp will officially take over as President and CEO on January 1, 2026, and will also join the Board of Directors on the same day [6]. - Paul Soubry, who has been with NFI since 2009, will step down from the Board but will continue to support the company in an advisory role for the next year to ensure a smooth transition [6][7]. John Sapp's Background - John Sapp brings extensive experience from Eaton Corporation, where he was President of the Aerospace division, leading a global team of over 12,000 employees and achieving record revenue and operating profits in 2025 [3]. - His previous roles include Vice President and General Manager at Collins Aerospace and over 11 years at GE Aviation, showcasing a strong background in complex manufacturing and aftermarket services [3][4]. Company Performance and Strategy - Under Paul Soubry's leadership, NFI transformed into a market leader in bus and coach solutions, expanding into new markets and strengthening relationships with major transit agencies [5]. - NFI currently has a backlog of $13 billion, reflecting its strong market position and commitment to innovation and customer focus [7]. - The company emphasizes enhancing customer experience, improving operational performance, and driving growth as key focus areas under the new leadership [5]. Company Overview - NFI Group is a leading global manufacturer of mass mobility solutions, operating under various brands including New Flyer, MCI, and Alexander Dennis Limited [9]. - The company offers a wide range of propulsion agnostic bus and coach platforms, including electric models, and supports an installed base of over 100,000 buses and coaches worldwide [8][9].
NFI Announces Battery Recall Agreement with XALT
Globenewswire· 2025-12-16 12:00
Core Viewpoint - NFI Group Inc. has entered into a master settlement agreement with XALT Energy to address costs related to a battery recall, which is expected to enhance NFI's zero-emission bus capabilities and financial position [1][2][3] Financial Impact - The settlement includes cash payments, personnel transfers, and asset contributions, providing approximately 75% to 80% recovery against NFI's original $229 million provision for the recall [2][5] - NFI recorded a warranty provision expense of $229 million during Q3 2025 for the replacement of batteries on about 700 vehicles affected by the recall [5] - The cash payment from the settlement, expected by December 31, 2025, will increase NFI's total liquidity of $386 million by approximately 26% on a pro-forma basis [7] Operational Enhancements - The settlement will facilitate a smooth transition for the battery recall program and improve visibility in NFI's battery supply chain [3] - NFI plans to utilize XALT's inventory of new battery cells for a new electric bus battery offering in 2027, supporting its significant electric bus backlog [7] - The agreement includes the hiring of 21 personnel from XALT to oversee the recall and support NFI's electric bus operations [7] Future Outlook - NFI anticipates that cash outflows related to the battery replacement will occur over 18 to 24 months, with 35% to 45% of expenses (approximately $70 to $90 million) expected in 2026 [8] - The settlement will be reflected in NFI's fourth quarter financial results, improving quarterly net earnings and total liquidity [6][8]