NFI Group Inc. (TSX: NFI) announced that its subsidiary Motor Coach Industries (MCI) has been awarded a contract by New York City Transit (NYCT) for 92 MCI D45 CRT commuter coaches. The coaches will replace aging vehicles operating on express bus routes across the city, supported by state, local, and Metropolitan Transportation Authority (MTA) funding. The order has been added to NFI's third quarter 2026 backlog, making it a near-term milestone for the company's motorcoach division.

Key Points

  • NFI Group Inc. (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) announced the contract through its MCI subsidiary
  • NYCT awarded MCI a contract for 92 D45 CRT purpose-built commuter coaches for express bus service
  • The order is recorded in NFI's Q3 2026 backlog; funding is sourced from state, local, and MTA sources
  • Investors may watch how this order contributes to NFI's Q3 2026 backlog as reported in upcoming financial results

NYCT Contract Adds 92 MCI D45 CRT Coaches to NFI's Q3 2026 Backlog

The 92 MCI D45 CRT coaches are purpose-built for high-capacity commuter and express operations, combining passenger comfort with durability suited to demanding urban transit environments. According to the announcement, the vehicles will replace aging coaches on existing NYCT express routes. The order has been formally recorded in NFI's third quarter 2026 backlog, providing investors with confirmation of the contract's timing within the company's financial reporting cycle. Funding for the coaches draws on state, local, and MTA resources.

MCI's Longstanding Relationship With North America's Largest Transit Network

NYCT is part of the MTA, which the release describes as operating North America's largest transportation network, overseeing the nation's largest bus fleet and serving a population of 15.3 million people across 5,000 square miles spanning New York City, Long Island, southeastern New York State, and Connecticut. Rob Marion, President of MCI, cited a "longstanding partnership" with NYCT and the broader MTA family, emphasising the coaches' role in supporting consistent express bus service for daily riders, according to the release.

MCI's D Series and NFI's Broader Coach Portfolio

MCI is described in the announcement as North America's leading manufacturer of public and private market motorcoaches, with its D Series positioned as a workhorse platform for transit applications. NFI's wider portfolio includes brands such as New Flyer, Alexander Dennis Limited, and ARBOC, supporting an installed base of more than 100,000 buses and coaches worldwide. The company operates across more than 40 facilities with over 9,000 team members in ten countries, offering propulsion options ranging from zero-emission electric to advanced diesel technologies.