Tip Sheet: Another Suitor Believed to have Emerged for Conduent’s Transportation Unit
Another Suitor Believed to have Emerged for Conduent’s Transportation Unit; also: More Layoffs Expected for Cubic. [...]Read More
Category: Closed Loop
Cubic Jumps from Fourth to First in Rank for Miami Back-Office Contract, as Competing Vendors Weigh Protests
Cubic Transportation Systems vaulted into the lead in the second and final evaluation round for a back-office contract with the county agency that oversees Miami-Dade Transit despite finishing tied for…
Tip Sheet: Layoffs at Cubic–Vendor Says It Amounts to Only 2% of Workforce but Won’t Release Figures; Insiders Say Cuts Taking Toll on Engineers, Others
U.S.-based Cubic Transportation Systems has yet to release a total for the number of employees it plans to lay off, but Mobility Payments is hearing it could be 15% or…
In Harsh Response to Cubic’s Lawsuit, Transport for London Contends It Could have Rejected Vendor on Several Grounds
Transport for London contends that it would have rejected Cubic Transportation Systems’ tender for the agency’s revenue-collection contract even if the vendor had not been automatically knocked out of the…
Tip Sheet: Layoffs Expected at Cubic; Fare Vendor Discloses ‘New Operating Model,’ Though Releases Few Details
There is growing talk of layoffs at Cubic Transportation Systems, although it’s unclear how many employees will lose their jobs. When asked, a Cubic spokesman did not immediately address the…
Vancouver Transit Authority Issues RFP for Major Fare-System Upgrade; Believed to Have Rejected Sole-Source Proposal
Vancouver transit authority TransLink has issued a request for proposal to upgrade its fare-payments system, a project that could be worth an estimated CA$507 million (US$360 million) in capital expenses…
Maitland Out at Cubic; CTS President Montgomery-Torrellas to Take Over ‘Growth’ Position Himself
David Maitland, who headed business development for Cubic Transportation Systems, is out after fewer than 18 months with the struggling fare-system supplier, Mobility Payments has learned. The vendor does not…
Update on Swedish Procurements, including Recent Validator Competition Attracting Nine Bidders
Sweden’s price-focused, modular market for ticketing procurements is seeing more activity, with at least two decisions in, though pending appeal, and others headed for tender. That is believed to include…
Cubic’s Recently Installed Head of Europe Departs Abruptly; Maitland Under Pressure
William Wilson, who took over Cubic Transportation Systems’ EMEA region only six months ago, has left the company abruptly, Mobility Payments has learned. It’s not clear whether he quit or…
Cubic Contends It was Low Bidder and should have Won London Contract; Claims Unfair Treatment, Possible Conflict of Interest as Details of Lawsuit Emerge
Cubic Transportation Systems contends that it submitted a lower bid than rival Indra Systems for Transport for London’s revenue-collection contract and says it should have won the contract but alleges…
