Closed Loop Archives - Page 2 of 15

Sound Transit Moves Closer to Fare Gates to Combat Losses from Evasion; Projected ROI Sees Payback within Three Years

by Timothy Sunderland and Dan BalabanPosted on July 17, 2026 (September 4, 2026)Posted in Closed LoopTagged Editor's Choice, Sound Transit

Seattle-based Sound Transit is moving closer to giving the greenlight to installing fare gates at some of its busiest light-rail stations, at an estimated cost of up to $88.2 million,…

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Port Authority in U.S. Plans to Replace Aging Fare Gates; Project Seeks to Limit Fare Evasion

by Timothy SunderlandPosted on July 12, 2026 (August 14, 2026)Posted in Closed LoopTagged Fare gates, PATH

Port Authority Trans-Hudson, also known as PATH, is one of the latest U.S. transit operators planning to replace its fare gates. The Port Authority of New York and New Jersey,…

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San Francisco Bay Area Transit Operators Urge MTC to ‘Pursue all Contractual Remedies’ to Recover Lost Revenue, Costs for Clipper Problems

by Dan Balaban and Timothy SunderlandPosted on July 1, 2026 (August 14, 2026)Posted in Closed LoopTagged San Francisco

Nine public transit operators, including the four largest serving the San Francisco Bay Area, signed a strongly worded letter calling for transport agency MTC to “pursue all contractual remedies against…

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In-Depth: Who is Behind Little-Known Company Serving as Key Subcontractor for Winning Vendor of Sydney Contract?

by Dan BalabanPosted on July 1, 2026 (August 4, 2026)Posted in Closed LoopTagged Editor's Choice, Sydney

After Germany-based INIT pulled off a surprising upset in April over long-term incumbent Cubic Transportation Systems for Sydney’s 13-year, AU$615 million (US$423.8 million) account-based ticketing contract, it needed help. While…

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Ex-Cubic President Torrellas Lands at Supply Chain Risk Management Company after Unsuccessful Three-Year Run at CTS

by Dan BalabanPosted on June 26, 2026 (August 4, 2026)Posted in Closed LoopTagged Cubic Transportation Systems

Peter Torrellas, whose nearly three-year stint as president of the industry’s largest fare-system vendor ended last week, was named CEO of U.S.-based supply-chain risk management software and services company apexanalytix.…

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Cubic Could Face Penalties for Problem-Plagued Next-Generation Clipper Rollout in San Francisco

by Timothy SunderlandPosted on June 24, 2026 (August 4, 2026)Posted in Closed LoopTagged Editor's Choice, San Francisco

San Francisco’s Metropolitan Transportation Commission, or MTC, which oversees fare collection for 22 transit agencies serving the Bay Area, is scheduled to hold a closed-door session today to discuss the…

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Montgomery-Torrellas Resigns as Cubic Transportation Systems President; Cubic Corp. CEO to Take Over as Interim Chief

by Dan BalabanPosted on May 27, 2026 (August 14, 2026)Posted in Closed LoopTagged Cubic, Editor's Choice

Cubic Transportation Systems president Peter Montgomery-Torrellas has resigned, saying he was leaving June 19 for a “new opportunity,” which he didn’t name. Steve Slijepcevic, chairman and CEO of CTS parent…

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Ex-Cubic Executives Worked on Winning Bid for INIT in Sydney, Helping Smaller Cubic Rival Score Major Upset

by Dan BalabanPosted on May 22, 2026 (July 7, 2026)Posted in Closed LoopTagged Editor's Choice, Sydney

Transport for New South Wales has declined to say publicly why it chose Germany-based INIT to replace its long-established incumbent vendor, Cubic Transportation Systems. The AU$615 million (US$438.8 million) back…

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Conduent Agrees to Sell Transit Fare Business to Modaxo, Retaining Its Road Tolling Unit

by Dan BalabanPosted on May 22, 2026 (October 1, 2026)Posted in Closed LoopTagged Conduent

U.S.-based Conduent has announced a deal to sell its public transit fare-system business for a low $164 million to Canada-based Modaxo Group, while keeping its tolling business. The deal, which…

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Updated: Cubic Loses Sydney Contract in Another Major Blow to Fare-System Vendor

by Dan BalabanPosted on April 28, 2026 (May 29, 2026)Posted in Closed LoopTagged Sydney

In another stinging loss for Cubic Transportation Systems, Transport for New South Wales in Sydney has awarded its account-based ticketing back-office contract to Germany-based INIT. The authority also announced it…

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Category: Closed Loop

Sound Transit Moves Closer to Fare Gates to Combat Losses from Evasion; Projected ROI Sees Payback within Three Years

Port Authority in U.S. Plans to Replace Aging Fare Gates; Project Seeks to Limit Fare Evasion

San Francisco Bay Area Transit Operators Urge MTC to ‘Pursue all Contractual Remedies’ to Recover Lost Revenue, Costs for Clipper Problems

In-Depth: Who is Behind Little-Known Company Serving as Key Subcontractor for Winning Vendor of Sydney Contract?

Ex-Cubic President Torrellas Lands at Supply Chain Risk Management Company after Unsuccessful Three-Year Run at CTS

Cubic Could Face Penalties for Problem-Plagued Next-Generation Clipper Rollout in San Francisco

Montgomery-Torrellas Resigns as Cubic Transportation Systems President; Cubic Corp. CEO to Take Over as Interim Chief

Ex-Cubic Executives Worked on Winning Bid for INIT in Sydney, Helping Smaller Cubic Rival Score Major Upset

Conduent Agrees to Sell Transit Fare Business to Modaxo, Retaining Its Road Tolling Unit

Updated: Cubic Loses Sydney Contract in Another Major Blow to Fare-System Vendor

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

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

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

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

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