Closed Loop Archives - Page 10 of 15

Incumbent Supplier Accenture Believed to have Won Toronto Contracts, Despite Efforts by Agency to Find New Vendors

by Dan BalabanPosted on November 15, 2023 (January 6, 2024)Posted in Closed LoopTagged Metrolinx

Transit officials in Toronto are believed to have chosen to rehire their incumbent fare-system provider–IT services firm Accenture–to supply a new account-based system, sources told Mobility Payments. [...]Read More

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Cubic Hires New ‘Chief Growth Officer;’ Replaces Head of Business Development

by Dan BalabanPosted on November 2, 2023 (January 6, 2024)Posted in Closed LoopTagged Cubic, Editor's Choice

Cubic Transportation Systems has hired a new “chief growth officer,” who will oversee business development, strategy and marketing, as the struggling fare-system supplier seeks to win more new contracts and…

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New Cubic President Fires Former Top Engineer Considered Protégé of Ex-President

by Dan BalabanPosted on October 24, 2023 (January 6, 2024)Posted in Closed LoopTagged Cubic

Peter Torrellas, who officially took over as president of Cubic Transportation Systems last week, has made what is believed to be his first major personnel move, dismissing the former senior…

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Torrellas Takes Over as President of Cubic Transportation Systems; Can He Get Vendor Back on Track?

by Dan BalabanPosted on October 19, 2023 (January 6, 2024)Posted in Closed LoopTagged Cubic, Editor's Choice

Peter Torrellas this week officially took over as president of Cubic Transportation Systems, the largest fare-system supplier globally, but one that is facing major challenges in the market. Torrellas replaces…

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INIT Wins Contract to Supply New Fare System in Atlanta, Beating Out Incumbent Cubic

by Dan BalabanPosted on October 11, 2023 (January 6, 2024)Posted in Closed LoopTagged Atlanta, Cubic Transportation Systems

The Metropolitan Atlanta Rapid Transit Authority, or MARTA, board of directors is expected to award a contract Thursday for its planned fare system to Germany-based INIT, which beat out incumbent…

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With Less Than a Year to Go Before Olympics, will Paris Transit Authority be Ready with Ticketing?

by Dan BalabanPosted on October 2, 2023 (January 6, 2024)Posted in Closed LoopTagged Editor's Choice, Paris

Paris regional transit authority Île-de-France Mobilités, or IDFM, has promised to enable “100% of spectators to reach Olympic and Paralympic sites by public transport” next summer during the games. The…

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Cubic Appoints New President for Fare Business Division, as It Prepares for Possible Sale

by Dan BalabanPosted on August 25, 2023 (January 6, 2024)Posted in Closed LoopTagged Cubic Transportation Systems, Editor's Choice

Cubic Corp., the largest supplier of fare-collection systems globally, has hired a new top executive for its Transportation Systems division, appointing an executive from U.S.-based defense and infrastructure technology company…

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Text of Letter to Top Official in Melbourne Details Cubic Attack on Conduent’s Credentials

by Dan BalabanPosted on July 10, 2023 (July 11, 2023)Posted in Closed LoopTagged Melbourne

Top Cubic executives accused government procurement officials in Melbourne of failing to independently verify rival Conduent's credentials, contending that this was a key reason Cubic lost a 15-year, AU$1.7 billion…

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Boston Agency MBTA Hires Vendor to Extend Life of Existing Fare System, as It Waits for Cubic to Complete Project

by Dan BalabanPosted on June 7, 2023 (May 25, 2024)Posted in Closed Loop, Open LoopTagged MBTA

The Massachusetts Bay Transportation Authority, or MBTA, in Boston recently approved another contract with Scheidt & Bachmann, as it seeks to extend the life of its existing fare-collection system until…

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U.S. Agency Bypassed Low-Cost Suppliers in Awarding Fare-Collection System Contract

by Dan BalabanPosted on May 31, 2023 (June 1, 2023)Posted in Closed LoopTagged Editor's Choice, Utah Transit Authority

The Utah Transit Authority received responses from eight vendors to its request for proposal for a new fare system, with five of the vendors submitting lower cost bids than the…

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Category: Closed Loop

Incumbent Supplier Accenture Believed to have Won Toronto Contracts, Despite Efforts by Agency to Find New Vendors

Cubic Hires New ‘Chief Growth Officer;’ Replaces Head of Business Development

New Cubic President Fires Former Top Engineer Considered Protégé of Ex-President

Torrellas Takes Over as President of Cubic Transportation Systems; Can He Get Vendor Back on Track?

INIT Wins Contract to Supply New Fare System in Atlanta, Beating Out Incumbent Cubic

With Less Than a Year to Go Before Olympics, will Paris Transit Authority be Ready with Ticketing?

Cubic Appoints New President for Fare Business Division, as It Prepares for Possible Sale

Text of Letter to Top Official in Melbourne Details Cubic Attack on Conduent’s Credentials

Boston Agency MBTA Hires Vendor to Extend Life of Existing Fare System, as It Waits for Cubic to Complete Project

U.S. Agency Bypassed Low-Cost Suppliers in Awarding Fare-Collection System Contract

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

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

Updated: Modaxo Completes Acquisition of Conduent Transit Unit; Renames Fare Business ‘Novvan’

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

U.S. Federal Rules Surface Again as Issue for Transit Agencies Outside California Buying Open-Loop Technology through Cal-ITP

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

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

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

Barcelona Transport Authority Sets Date for Launch of Open-Loop Payments…Again; Can It Make It This Time?

Miami-Dade County Recommends Masabi for Back Office Deal; If Approved by Board, Debt-Strapped Cubic Would Lose Another Contract as Incumbent