[IMAGE]news-bus.jpg[/IMAGE]
First quarter 2008 deliveries for Motor Coach Industries (MCI) are up 17 percent compared to the same time last year, according to the company.
MCI’s 2008 deliveries up
More than 300 coaches help boost numbers by 17 percent.
April 14, 2008
1 min to read
MCI credits its more than 300 deliveries in the first three months to customers experiencing increased demand for motor coach travel in key markets and taking advantage of current economic stimulus programs, such as bonus depreciation. Bonus depreciation, part of the Economic Stimulus Act (ESA) signed by President Bush on Feb. 13, 2008, helps businesses that buy equipment this year cut their 2008 tax bill.
The ESA also significantly boosts expensing limits for 2008, which can be applied to both new and used equipment. A tax professional should be consulted to determine whether and how companies will be able to take advantage of all the financial benefits of ESA.
Topics:Management
More Management
The Expanding Role of Advisory in Transit Delivery
Garo Hovnanian explores how agencies can better navigate competing priorities, strengthen decision-making, and prepare for a future shaped by electrification and emerging mobility.
Read More →
NJ TRANSIT to Expand Cleanliness, Safety, and Accessibility Under New Action Plan
The plan includes investments in cleaner vehicles and upgraded stations, NJT LiveView to provide real-time GPS tracking of train and light rail service, enhanced safety initiatives through a new Real Time Crime Center, and the debut of a redesigned NJ TRANSIT mobile app.
Read More →
ABQ RIDE Forward's Next Phase Sets Target Date
ABQ RIDE Forward is the first transit system overhaul in more than 25 years. This latest phase marks 15% completion of the 16-phase rollout, which will continue over the next several years.
Read More →
New Orleans RTA Signals Leadership Shift, Opens National CEO Search
During the meeting, the board approved a resolution invalidating a previously amended contract and authorized Board Chair Ann Duplessis to negotiate a separation agreement with CEO Lona Edwards Hankins.
Read More →
STV Launches Power Practice and More in Biz Briefs
In METRO's latest installment, we take a look at the latest news from SilverRide, Complete Coach Works, and more.
Read More →
FTA Announces $28.5M Investment for Transit-Oriented Development Planning
The Pilot Program for TOD Planning helps support FTA’s mission of improving America’s communities through public transportation by providing funding to local communities to integrate land use and transportation planning with a new fixed-guideway or core-capacity transit capital investment.
Read More →
When the Buses Are Ready, and the System Isn’t
Transit agencies have moved past pilot projects, but scaling electrification is exposing a harder truth: the real challenge isn’t vehicles, it’s everything around them.
Read More →
LA Metro Opens D Line Extension
The only new subway opening in the US this year, the D Line Extension represents one of Metro’s top transit priorities and a historic milestone for Los Angeles, with Sections 2 and 3 set to open in 2027.
Read More →
Bus Tech Talk: Part 2 with AC Transit's Cecil Blandon
In Part 2 of a two-part conversation, AC Transit’s director of maintenance joins co-hosts Alex Roman and Mark Hollenbeck to discuss his maintenance team’s work with various types of vehicle, training, augmented reality, and more.
Read More →
Montreal’s STM Reports Ridership Decline, Service Modernization Efforts
The transit agency cites labor disruptions, demographic shifts, and evolving rider needs as it advances safety initiatives, paratransit changes, and major infrastructure projects across its network.
Read More →