Top Cubic Executives Complain of ‘Serious Concerns’ about Tender Process in Selection of Rival Conduent in Australia: Reports

Bus in Melbourne
U.S.-based Cubic Corp. sent a letter of complaint to the premier of the Australian state of Victoria in Melbourne, contending that a flawed procurement process led to the selection of rival vendor Conduent for a 15-year, AU$1.7 billion (US$1.1 billion),...

Conduent to Part with Its Transportation Business Unit, Including Fare Collection

Opus Card at terminal
U.S.-based Conduent, a business services outsourcing company, said it would sell or spin off its transportation business unit, a major automated fare-collection system supplier globally. [...]

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Insight: Paris Warms to Open-Loop Payments but Don’t Expect a London-Style Rollout

When Paris regional transport authority Île-de-France Mobilités recently announced it was supporting open-loop payments on board buses, backers of the technology hailed the move as confirmation that one of the last major European capitals had dropped its...
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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 more across certain job categories, such as engineers, architects and project managers...
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Maitland Out at Cubic; CTS President Montgomery-Torrellas to Take Over ‘Growth’ Position Himself

Cubic global HQ
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 plan to hire a replacement. Cubic in internal...
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