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Tip Sheet: Speculation Aside on Contract Winner, Losing London would be ‘Big Blow’ to Cubic

by Dan BalabanPosted on July 18, 2025 (August 29, 2025)Posted in Closed LoopTagged Editor's Choice, Tip-sheet

Also: Cubic, Other Vendors, Don’t Appeal Loss to Masabi in Montreal; Baltimore Transit Agency Plans Open Loop; but Timeline Unclear [...]

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Transport for London Committee Approves New Revenue-Collection Contract, but Agency Stays Mum on Winner; Speculation Grows

by Dan BalabanPosted on July 16, 2025 (February 24, 2026)Posted in Closed LoopTagged Editor's Choice, Transport for London

Transport for London’s finance committee approved the agency’s new revenue-collection contract earlier this week, but the agency declines to say who won, promising only that the winning vendor will be announced “in due course.” As Mobility Payments...

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Masabi Wins Montreal Contract, Beating Out Cubic, Likely Conduent

by Dan BalabanPosted on June 20, 2025 (July 24, 2025)Posted in Closed LoopTagged Montreal

UK-based Masabi has won a contract reported to be worth at least CA$125 million (US$91.1 million) from Montreal-area transport authority ARTM, beating out Cubic Transportation Systems, likely incumbent Conduent Transportation and four other suppliers. It's...

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Changeover Underway to New Vendor for Switzerland’s Fast-Growing Mobile-Ticketing Service

by Dan Balaban and Ines BiedenkappPosted on May 9, 2025 (August 4, 2025)Posted in Mobile TicketingTagged Switzerland

Swiss Federal Railways, or SBB, is preparing for a switch of vendors for its well-known digital-ticketing service EasyRide, which is seeing growing usage for the GPS-based, pay-as-you-go ticketing offer. The national rail operator told Mobility Payments it...

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Vendor for Denmark’s High-Profile Mobile-Ticketing Service Contends Contract Loss in Switzerland Won’t Compromise Company ‘Stability’ or ‘Strategy’

by Dan BalabanPosted on April 11, 2025 (July 7, 2025)Posted in Mobile TicketingTagged Editor's Choice, Fairtiq

Fairtiq, the technology supplier behind Denmark’s much-watched national ticketing app, told Mobility Payments this week that the loss of a major contract for a similar service it’s enabled for years in Switzerland, while “naturally a challenge,” would...

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Exclusive: U.S. Tariffs Will Cause Pain for Fare Vendors and Agencies, Though They May Not Spur More Manufacturing in U.S.

by Dan BalabanPosted on April 8, 2025 (May 15, 2025)Posted in Open LoopTagged Editor's Choice

High tariffs announced by U.S. President Donald Trump last week likely will hike costs for fare-system vendors, which are expected to pass on at least part of the increases to transit agencies, fare industry veterans told Mobility Payments. Most industry...

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Ridango Gets New Owner, New HQ and Says It’s Looking for New Acquisitions; Can It Shed Its Status as a Regional Player?

by Dan BalabanPosted on March 26, 2025 (May 14, 2025)Posted in Closed LoopTagged Ridango

The chief of fare-system supplier Ridango says the vendor doesn’t plan “any shift in the company’s strategic direction” now that it has a new majority owner. But he added that the company will be “more active in mergers and acquisitions.” Ridango...

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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

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 Cubic Transportation Systems. The primary analyst for the ratings change told...

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Tip Sheet: Montreal Authority Reissues RFP after Disappointing Results; Promises to be More Flexible This Time

by Dan BalabanPosted on October 16, 2024 (October 17, 2024)Posted in Open LoopTagged Montreal, Netherland

Montreal-area transport authority, Autorité régionale de transport métropolitain, or ARTM, has reissued its call to tenders, as promised, for a new account-based ticketing system, after having cancelled the previous tender request in August because of...

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San Diego Transit Official Touts Ease of Use of Open Loop but also Describes Challenges to Support Technology

by Dan BalabanPosted on August 7, 2024 (August 12, 2024)Posted in Open LoopTagged San Diego

While touting the convenience and ease of use of open-loop payments, an official with San Diego’s Metropolitan Transit System recently called for more “standards” and consistency in implementation of the technology. Israel Maldonado, director of fare...

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Search Results for: Scheidt & Bachmann

Tip Sheet: Speculation Aside on Contract Winner, Losing London would be ‘Big Blow’ to Cubic

Transport for London Committee Approves New Revenue-Collection Contract, but Agency Stays Mum on Winner; Speculation Grows

Masabi Wins Montreal Contract, Beating Out Cubic, Likely Conduent

Changeover Underway to New Vendor for Switzerland’s Fast-Growing Mobile-Ticketing Service

Vendor for Denmark’s High-Profile Mobile-Ticketing Service Contends Contract Loss in Switzerland Won’t Compromise Company ‘Stability’ or ‘Strategy’

Exclusive: U.S. Tariffs Will Cause Pain for Fare Vendors and Agencies, Though They May Not Spur More Manufacturing in U.S.

Ridango Gets New Owner, New HQ and Says It’s Looking for New Acquisitions; Can It Shed Its Status as a Regional Player?

Ratings Agency Warns of ‘Onerous Debt Burden’ for Cubic, but Says Vendor’s Transit Clients Shouldn’t Worry

Tip Sheet: Montreal Authority Reissues RFP after Disappointing Results; Promises to be More Flexible This Time

San Diego Transit Official Touts Ease of Use of Open Loop but also Describes Challenges to Support Technology

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

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

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

In-Depth: LA Metro Launches Open Loop in Time for World Cup; Last Top 10 U.S. Transit Agency to Support Technology

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