BLUE BIRD


Associated tags: Natural gas, Transport, Bird, Propane, Bluebird, Safety, Blue Bird Corporation, Automotive, Education, EV, Public Transport, Electric Vehicles, Secondary, Primary, Forrest Bird, Other Transport, Manufacturing, Automotive Manufacturing, Alternative Vehicles, Fuels, Fleet Management, Other Education, Other Automotive, General Automotive

Locations: ILLINOIS, HIGHLAND, CANADA, MICHIGAN, SOUTH CAROLINA, NORTH CAROLINA, NEW YORK, MASSACHUSETTS, NEW ENGLAND, BOSTON, SMITH, PENNSYLVANIA, UNITED STATES, NORTH AMERICA, KENTUCKY, GEORGIA, FORT VALLEY

Nuvve Celebrates 500th Electric School Bus EVSE Deployed in the K-12 Business Channel

Retrieved on: 
Wednesday, January 31, 2024

SAN DIEGO, Jan. 31, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, celebrated the 500th electric school bus EVSE to be deployed which will be managed through its proprietary GIVe™ bidirectional, smart-charging software platform.

Key Points: 
  • This new order from Orange Unified School District in Orange, California is for thirteen Nuvve Level 2 "PowerPort" chargers and three 60kW chargers.
  • This follows the district's 2021 purchase of fifteen Nuvve Level 2 PowerPort chargers which it currently uses for its fleet of 15 electric school buses purchased over 2021 and 2022 from Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses.
  • Two additional buses are on order and the district plans to continue expanding their ESB fleet in the future.
  • "Many Nuvve customers continue building their electric bus fleets after their first purchase and Orange Unified is no different," said Nuvve co-founder and CEO Gregory Poilasne.

Blue Bird to Report Fiscal 2024 First Quarter Results on February 7, 2024

Retrieved on: 
Wednesday, January 24, 2024

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and cleaner-emission school buses, will release its fiscal 2024 first quarter financial results on February 7, 2024.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and cleaner-emission school buses, will release its fiscal 2024 first quarter financial results on February 7, 2024.
  • The public is invited to attend an audio webcast in which Blue Bird executives Phil Horlock, CEO, and Razvan Radulescu, CFO, will discuss results.
  • Dial-in details and the webcast of the presentation will be available on the Investor Relations portion of Blue Bird’s website at http://investors.blue-bird.com .
  • Please click on the link in the Events box in the lower right corner of the Blue Bird Investor Relations landing page to access the webcast.

Blue Bird Receives Record Order of 180 Electric School Buses

Retrieved on: 
Tuesday, January 16, 2024

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has received the single largest order of electric school buses from a school district in its history.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has received the single largest order of electric school buses from a school district in its history.
  • Los Angeles Unified School District (LAUSD) ordered 180 electric, zero-emission school buses through their local Blue Bird dealer, A-Z Bus Sales, Inc.
  • View the full release here: https://www.businesswire.com/news/home/20240116715215/en/
    Los Angeles Unified School District (LAUSD) ordered a record 180 electric, zero-emission school buses from Blue Bird Corporation, including 150 All American (pictured here) and 30 Vision model buses.
  • (Image provided by Los Angeles Unified School District)
    LAUSD already operates twenty-six Blue Bird electric school buses in its fleet.

Blue Bird Delivers First Electric School Bus Fleet to Carter County Schools in Kentucky

Retrieved on: 
Wednesday, January 3, 2024

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, is supplying 23 electric school buses to Carter County Schools (CCS) in Kentucky.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, is supplying 23 electric school buses to Carter County Schools (CCS) in Kentucky.
  • View the full release here: https://www.businesswire.com/news/home/20240103352606/en/
    Blue Bird is delivering 23 electric school buses to Carter County Schools (CCS) in Kentucky to help the school district accelerate its transition to clean student transportation.
  • “We are thrilled to deploy our very first electric school buses to lower the emissions of our school bus fleet,” said Dr. Paul Green, superintendent of Carter County Schools.
  • Electric school buses mean cleaner air to breathe.”
    CCS received a $9,085,000 grant through the U.S. Environmental Protection Agency’s (EPA) 2022 Clean School Bus Rebate Program to purchase its Blue Bird electric school bus fleet.

 Blue Bird Announces Launch of Secondary Public Offering

Retrieved on: 
Thursday, December 14, 2023

The offering consists entirely of secondary shares to be sold by the Selling Stockholder.

Key Points: 
  • The offering consists entirely of secondary shares to be sold by the Selling Stockholder.
  • The Selling Stockholder will receive all of the proceeds from the offering.
  • The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.
  • The offering will be made only by means of a free writing prospectus, the prospectus and the related prospectus supplement.

Blue Bird Reports Fiscal 2023 Fourth Quarter and Full Year Record Results; Beats 2023 Guidance and Raises 2024 Guidance

Retrieved on: 
Monday, December 11, 2023

With the strong finish to 2023 and better line-of-sight into 2024, we are raising our fiscal 2024 guidance to Net Revenue to $1.15-1.25 Billion, Adj.

Key Points: 
  • With the strong finish to 2023 and better line-of-sight into 2024, we are raising our fiscal 2024 guidance to Net Revenue to $1.15-1.25 Billion, Adj.
  • In the fourth quarter of fiscal 2023, 2,116 units were booked compared with 2,016 units booked for the same period in fiscal 2022.
  • Additionally, Parts sales increased $3.6 million, or 16.7%, for the fourth quarter of fiscal 2023 compared with the fourth quarter of fiscal 2022.
  • Fourth quarter gross profit of $50.0 million represented an increase of $54.4 million from the fourth quarter of last year.

Blue Bird Donates Electric School Bus to Peach County Schools in Georgia

Retrieved on: 
Thursday, December 7, 2023

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has donated an advanced Blue Bird Vision electric school bus to Peach County Schools (PCS) in Georgia.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has donated an advanced Blue Bird Vision electric school bus to Peach County Schools (PCS) in Georgia.
  • View the full release here: https://www.businesswire.com/news/home/20231207907550/en/
    Blue Bird donated an all-electric, zero-emission school bus to Peach County Schools in Georgia.
  • “We thank our valued community partner Blue Bird for the generous donation of an electric school bus,” said Peach County Schools Superintendent Dr. Lionel Brown.
  • In August 2023, Blue Bird already donated a Vision electric school bus to the Jerome Bettis Bus Stops Here Foundation in Pittsburgh, Pa.

Blue Bird and Generate Capital Establish "Clean Bus Solutions," a Fleet Electrification-as-a-Service Joint Venture

Retrieved on: 
Thursday, December 7, 2023

The JV will help school districts accelerate the electrification of their fleets while delivering new revenue and profit streams to Blue Bird and its dealers.

Key Points: 
  • The JV will help school districts accelerate the electrification of their fleets while delivering new revenue and profit streams to Blue Bird and its dealers.
  • Blue Bird’s customers are poised to benefit greatly from Generate’s sustainable investment expertise and flexible financial resources,” said Phil Horlock, CEO of Blue Bird Corporation.
  • “Through the JV, school districts will continue to be supported by Blue Bird and the dealers they have known and trusted for many years.
  • facility which will enable Blue Bird to significantly increase its production of electric school buses, with capacity of up to 5,000 EVs annually in the years to come.

Blue Bird to Report Fiscal 2023 Fourth Quarter and Full Year Results on December 11, 2023

Retrieved on: 
Wednesday, November 29, 2023

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and cleaner-emission school buses, will release its fiscal 2023 fourth quarter and full year financial results on December 11, 2023.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and cleaner-emission school buses, will release its fiscal 2023 fourth quarter and full year financial results on December 11, 2023.
  • The public is invited to attend an audio webcast in which Blue Bird executives Phil Horlock, CEO, and Razvan Radulescu, CFO, will discuss results.
  • Dial-in details and the webcast of the presentation will be available on the Investor Relations portion of Blue Bird’s website at http://investors.blue-bird.com .
  • Please click on the link in the Events box in the lower right corner of the Blue Bird Investor Relations landing page to access the webcast.

Blue Bird Announces Refinancing of Term Loan and Revolving Credit Facility

Retrieved on: 
Friday, November 17, 2023

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, today announced that on November 17, 2023 the Company completed the refinancing of its credit facilities and entered into a new five-year credit agreement with a syndicate of financial institutions as lenders, led by BMO Capital Markets with Joint Lead Arranger partners, including Bank of America.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, today announced that on November 17, 2023 the Company completed the refinancing of its credit facilities and entered into a new five-year credit agreement with a syndicate of financial institutions as lenders, led by BMO Capital Markets with Joint Lead Arranger partners, including Bank of America.
  • The Credit Agreement provides for a $100 million term loan and a $150 million revolving credit facility, each maturing on November 17, 2028.
  • The Credit Agreement replaces the Company’s Amended and Restated Credit Agreement dated December 12, 2016.
  • “The refinancing of our credit facilities is in line with our strategic objectives and provides Blue Bird with stability and flexibility to execute on our profitable-growth plans,” said Razvan Radulescu, CFO of Blue Bird Corporation.