Northwire Canada EditionThursday, July 16, 2026
Northwire
CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6% CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6%
Other

RTC of Southern Nevada exercises option for 50 more low-emission buses from NFI subsidiary New Flyer

NFI · Price

Executive Summary

  • New Flyer of America Inc. announced that the Regional Transportation Commission of Southern Nevada is exercising options for a total of 50 Xcelsior® compressed natural gas (CNG) buses (19 × 60‑ft and 31 × 40‑ft).
  • The exercised options are valued at approximately $56 million and were already included in NFI’s Q4 2025 firm backlog.
  • The contracts are five‑year agreements funded by local and Federal Transit Administration sources, meet Buy America requirements, and will replace end‑of‑life vehicles for RTC’s 64 million annual riders.

Key Details

  • Option Exercise: 19 sixty‑foot and 31 forty‑foot Xcelsior® CNG buses.
  • Total Value: Approximately $56 million.
  • Contract Terms: Two five‑year contracts with the Regional Transportation Commission of Southern Nevada (RTC).
  • Funding Sources: Local transit funds and Federal Transit Administration (FTA) grants.
  • Buy America Compliance: Buses will be manufactured in the United States, supporting domestic jobs.
  • Operational Impact: The new low‑emission CNG buses will replace aging fleet units, enhancing service for RTC’s 64 million annual riders.
  • Performance Specs (quoted): Xcelsior CNG buses offer an extended range of 350–400 miles per charge/fuel load.
  • Historical Relationship: New Flyer and RTC have delivered over 900 buses to date, with more than 500 utilizing low‑emission CNG propulsion.

Notable Quotes

“Xcelsior CNG buses offer an extended range of 350-400 miles. They are the ideal solution to meeting the demands of Southern Nevada commuters.” – Chris Stoddart, President, North American Bus and Coach, NFI

Read the original news release →

More from NFI GROUP INC.