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NFI Subsidiary New Flyer Seals Deal With New Jersey Transit For Up To 750 Buses
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NFI Subsidiary New Flyer Seals Deal With New Jersey Transit For Up To 750 Buses
Jun 16, 2025 6:25 AM

09:05 AM EDT, 06/16/2025 (MT Newswires) -- NFI Group ( NFYEF ) on Monday said New Jersey Transit will purchase up to 750 of the company's Xcelsior 60-foot clean-diesel transit buses (1,500 equivalent units or EUs).

The contract includes an initial firm order for 200 buses (400 EUs) with deliveries starting next year, with options to purchase up to an additional 550 buses (1,100 EUs). This order was added to New Flyer's first-quarter 2025 backlog and marks one of the larger clean-diesel bus procurements in the company's history, a statement added.

The Xcelsior clean-diesel platform integrates ultra-low sulfur diesel fuel, next-generation engines, and advanced emissions control systems.

NFI was down 2.2% on the TSX last Friday.

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