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Home / Archives for February 17, 2025

Day: February 17, 2025

In-Depth: Cubic Lays Out Arguments for Suing LA Metro in Case of ‘Secret’ Pricing Data

by Dan BalabanPosted on February 17, 2025 (April 28, 2025)Posted in Open LoopTagged Editor's Choice, LA Metro
Cubic Transportation Systems contends in recent court filings that it would “surely lose future contracts” to competitors if Los Angeles Metro follows through with its purported plans to release what…
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Ratings Agency Warns of ‘Onerous Debt Burden’ for Cubic, but Says Vendor’s Transit Clients Shouldn’t Worry

by Dan BalabanPosted on February 17, 2025 (April 28, 2025)Posted in Closed LoopTagged Cubic
OMNY gates
S&P Global, a major ratings agency, has downgraded Cubic Corp.’s credit rating to CCC+ from an already low B-, warning of an "onerous debt burden" for the company that includes…
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Vix Appeals Loss of Stockholm Tender; Cites Reported Bribery Scandal Involving Winning Vendor’s Subcontractor

Nov 13, 2026

Miami Hearing Officer Rejects Protests by Cubic, Moovel; Vendors Vow to Weigh ‘All Available Options’

Nov 03, 2026

Tip Sheet: Chicago’s Ventra 3.0 Flies Under Radar; Vancouver may be in Talks with Vendors

Oct 30, 2026

Exclusive: Cubic, Moovel and Masabi Make Arguments to Protest Hearing Officer in Miami

Oct 23, 2026

Vendors Prepare to Compete for Business, as New York’s MTA Requests First Bids for Large Fare-Evasion Project

Oct 20, 2026

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Oct 14, 2026

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Oct 05, 2026

Tip Sheet: Chicago’s Ventra 3.0 Flies Under Radar; Vancouver may be in Talks with Vendors

Oct 30, 2026

Vendors Prepare to Compete for Business, as New York’s MTA Requests First Bids for Large Fare-Evasion Project

Oct 20, 2026

Cubic and Moovel Intend to Protest Recommendation in Miami for $42 Million Contract Award to Masabi

Sep 30, 2026

Vix Appeals Loss of Stockholm Tender; Cites Reported Bribery Scandal Involving Winning Vendor’s Subcontractor

Nov 13, 2026

Miami Hearing Officer Rejects Protests by Cubic, Moovel; Vendors Vow to Weigh ‘All Available Options’

Nov 03, 2026

Exclusive: Cubic, Moovel and Masabi Make Arguments to Protest Hearing Officer in Miami

Oct 23, 2026

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Oct 14, 2026

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Oct 05, 2026

Recent Posts

  • Vix Appeals Loss of Stockholm Tender; Cites Reported Bribery Scandal Involving Winning Vendor’s Subcontractor
  • Miami Hearing Officer Rejects Protests by Cubic, Moovel; Vendors Vow to Weigh ‘All Available Options’
  • Tip Sheet: Chicago’s Ventra 3.0 Flies Under Radar; Vancouver may be in Talks with Vendors
  • Exclusive: Cubic, Moovel and Masabi Make Arguments to Protest Hearing Officer in Miami
  • Vendors Prepare to Compete for Business, as New York’s MTA Requests First Bids for Large Fare-Evasion Project

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