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

by Dan BalabanPosted on October 14, 2026 (October 14, 2026)Posted in Open LoopTagged Editor's Choice, New Zealand, Vancouver

Also: Many in Industry Apparently See New Cubic Fare-System CEO as ‘Placeholder’; Auckland Still Holding Back on Joining National Ticketing Solution; Cubic, Moovel Formally Protest Recommended Contract Award to Masabi in Miami [...]

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

by Dan BalabanPosted on October 5, 2026 (October 14, 2026)Posted in Closed LoopTagged Cubic, Editor's Choice

Cubic Corp. has named a longtime transportation industry veteran, who served a stint as CEO of New York’s Metropolitan Transportation Authority, to head its troubled transportation unit, CTS. Elliot “Lee” Sander styles himself as a turnaround expert...

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

by Dan BalabanPosted on September 30, 2026 (October 14, 2026)Posted in Closed LoopTagged Editor's Choice, Miami

Cubic Transportation Systems and moovel, which both came up short in their competition for Miami-Dade County’s procurement of an account-based ticketing back office, have each filed notices of intent to protest a recommendation by the county to award a...

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

by Dan BalabanPosted on September 4, 2026 (October 14, 2026)Posted in Closed LoopTagged Editor's Choice, Miami

Miami-Dade County will recommend to board members that UK-based Masabi be awarded a more than $40 million contract mainly to implement and operate a new account-based ticketing back office, according to a draft memo obtained by Mobility Payments (download...

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Miami in Contract Negotiations with Masabi; Cubic Calls for ‘Immediate’ Suspension of Talks

by Dan BalabanPosted on August 10, 2026 (October 5, 2026)Posted in Closed LoopTagged Editor's Choice, Miami

Miami-Dade County is believed to be negotiating with UK-based Masabi again for its estimated $40 million account-based ticketing back-office contract, which could lead to a recommendation for a contract award as early as next month, Mobility Payments has...

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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. The company announced the...

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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 problem-plagued next-generation Clipper system and...

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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 Cubic Corp. said he would assume the role of...

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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 office and hardware deal, including 10 years...

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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 had awarded a separate “Bus Solution”...

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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

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

Miami in Contract Negotiations with Masabi; Cubic Calls for ‘Immediate’ Suspension of Talks

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

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

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