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12/31/2019

 


Happy New Year from Bus Solutions

  MCI delivers livery edition J4500s to N.C. operator


   From Metro:

Motor Coach Industries (MCI) is helping to launch the charter coach division of Charlotte, N.C.’s A Step Above Limousine, and sister company Ambassador Global in Atlanta, with the delivery of four luxury MCI J4500 coaches.

With the delivery of three new and one pre-owned MCI J4500 coaches, the company’s clients will now enjoy the unique livery motorcoach experience MCI offers its limousine and tour and charter companies throughout North America.

The Livery Edition MCI J4500 coaches are sleek and elegant in resplendent black on the outside and a complete luxury experience on the inside with detailed black leather diamond-stitched seating, the best legroom in its coach class, power outlets, and Wi-Fi connectivity. The models also feature such options as programmable........ READ MORE  >


Motor Coach Industries (MCI) is helping to launch the charter coach division of Charlotte, N.C.’s A Step Above Limousine, and sister company Ambassador Global in Atlanta, with the delivery of four luxury MCI J4500 coaches.


SARDO - Bus & Coach Upholstery
 

  Insurance premiums will continue to climb in 2020
 

The new year is expected to bring more of the "same old" to commercial auto insurance lines, which include public transportation segments such as buses and motorcoaches. Numerous factors, especially large jury awards, are predicted to produce premium increases of six to 12 percent or more.


   From Bus & Motorcoach News:

The new year is expected to bring more of the "same old" to commercial auto insurance lines, which include public transportation segments such as buses and motorcoaches. Numerous factors, especially large jury awards, are predicted to produce premium increases of six to 12 percent or more.

Commercial auto coverage overall has not paid for itself since 2010 when its combined ratio was 98.0, meaning losses and expenses absorbed 98 percent of premium revenues.

"That line of business hasn't made money in eight years," said Michelle Wiltgen, assistant vice president and national marketing manager at National Interstate Insurance Company in Richfield, Ohio. "The combined ratio for this line of business over the entire industry for 2018 was 110 percent. The outlook for 2020 is for continued elevated loss and combined ratios along with unfavorable developments as in prior years."

When 2019 results are analyzed, a combined ratio of 109 percent is expected, with losses and underwriting expenses again exceeding premiums.

"That line of business hasn't made money in eight years," said Michelle Wiltgen, assistant vice president and national marketing manager at National Interstate Insurance Company in Richfield, Ohio. "The combined ratio for this line of business over the entire industry for 2018 was 110 percent. The outlook for 2020 is for continued elevated loss and combined ratios along with unfavorable developments as in prior years."

When 2019 results are analyzed, a combined ratio of 109 percent is expected, with losses and underwriting expenses again exceeding premiums.

Insurance brokerage Willis Towers Watson expects most segments of the commercial insurance market to face "sizable price increases in 2020," and commercial auto is due for some of the largest hikes, "in the range of 6 to 12 percent or more," according to the organization's Insurance Marketplace Realities 2020 report.

"We're seeing the biggest upward push in years," the report continues. "The commercial liability marketplace is worsening, with deteriorating loss trends continuing to negatively impact underwriting profitability, except in........ READ MORE  >


Cavalier Coaches - Well Maintained, One Owner Motorcoaches Ready For Immediate Sale
 

  School Bus Sales Show Growing Demand for Type "A" and Electric


   From School Bus Fleet:

As School Bus Fleet has reported for a good handful of years now, school bus sales remain robust, topping 45,000 units across North America. The total number of school buses sold includes a small uptick of slightly more than 2% over 2018.

2019's numbers include a notable rise in Type A (small) bus sales, continuing an upward trend from last year. Type A sales across North America saw a nearly 17% increase over 2018, with a large portion of that attributed to a one-third spike in sales in the Canadian market. We saw a more modest boost of 4.1% in Type A sales last year, when more models, including the Micro Bird G5 and the Collins Low-Floor Bus, became available alongside options from Starcraft, Titan, and Trans Tech.

Talking of a growing demand for Type As: Thomas Built Buses and Trans Tech have a new one on offer; the Minotrek, a new narrow-body Type A school and activity bus, was introduced in July of this year.

Although that Type A bump was accompanied by a significant dip in Type D (or transit-style) bus sales, Type C (aka conventional) sales held steady in the U.S. - 28,787 units were sold this year, up by nearly........READ MORE  >
 

 
2019's numbers include a notable rise in Type A (small) bus sales, continuing an upward trend from last year. Type A sales across North America saw a nearly 17% increase over 2018, with a large portion of that attributed to a one-third spike in sales in the Canadian market.

Sales of electric school buses are gaining momentum. Ken Hedgecock, formerly of Thomas Built Buses, told SBF that electric vehicle technology is robust and advancing at a rapid pace. Photo courtesy Thomas Built Buses



 

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