A wide class of multichannel queueing models appears to be useful in practice where the input stream of customers can be controlled at the moments preceding the customers' departures from the source (e.g. airports, transportation systems, inventories, tandem queues). In addition, the servicing facility can govern the intensity of the servicing process that further improves flexibility of the system. In such a multichannel queue with infinite waiting room the queueing process {Zt; t ≧ 0} is under investigation. The author obtains explicit formulas for the limiting distribution of (Zt) partly using an approach developed in previous work and based on the theory of semi-regenerative processes. Among other results the limiting distributions of the actual and virtual waiting time are derived. The input stream (which is not recurrent) is investigated, and distribution of the residual time from t to the next arrival is obtained. The author also treats a Markov chain embedded in (Zt) and gives a necessary and sufficient condition for its existence. Under this condition the invariant probability measure is derived.