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| Re: Millennium Transit Services (146761) | |||
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Re: Millennium Transit Services |
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Posted by kcram3500 on Wed Apr 22 18:08:58 2009, in response to Re: Millennium Transit Services, posted by RTS_book on Wed Apr 22 16:52:28 2009. Here's what is known and documentable:- the only MTS RTSes that ever saw NJT revenue service were the demos 4101 (transit) and 4201 (suburban) - when the 6 production units were sent to NJ in February 2007, they did not make it out of NJT testing and never saw revenue service - MTS had produced additional NJT buses that were not sent to NJ - NJT gave MTS every opportunity to meet the delivery schedule, even when the "audit shutdown" was announced in March 2007 - whatever the problems were, they were severe enough for NJT to reject the 6 production units - MTS only had $6 million in assets Since neither party will discuss the cancellation other than that it occurred, it is likely a legal settlement that was "sealed" and can not be discussed... which makes sense as there could have been payment ramifications depending on which side called it off and why. Millennium's survival will not come from the RTS Legend. They will have to adapt to what the market wants if they want to be considered anything more than a small player. Their chance to be a major cog would have come not from the first NJT order of 289 units, but if they had also gotten the 1145-unit contract that NABI won. No one could ignore 1434 Millennium RTSes in New Jersey. |
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