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NJ Transit advises MCI to temporarily suspend Commuter Coach order

Gov. Chris Christie issued Executive Order No. 210 declaring a State of Emergency and directing the Commissioner of the Department of Transportation and the Executive Director of the NJT to plan an immediate and orderly shutdown of all ongoing work that is funded by the Transportation Trust Fund Account.

Volvo AB CEO: Must improve bus unit production

The bus unit’s operating income was 4.6% of sales in 2011, compared with trucks’ 9.1%, construction equipment’s 10.2% and boat engine maker Penta’s 8.8%. The bus unit continued to trail the other divisions in the quarter ended June, when it posted a 3.4% operating margin.

NABI Chief Steering Bus Manufacturing to the U.S.

With a three-phase plan to move manufacturing of bus structures to its Anniston, Ala. plant, company CEO/President Jim Marcotuli believes the removal of some freight and duty from its current cost structure will position NABI to be more cost and lead-time competitive.