Cubic Archives - Page 2 of 4 - Mobility Payments

Cubic Hires Former Vix Chief as Head of Business Development, Replacing ‘Turnaround Expert’ in Post

by Dan BalabanPosted on June 11, 2024 (August 31, 2024)Posted in Closed LoopTagged Cubic

Cubic Transportation Systems has replaced its head of business development–and turnaround expert–Rich Varos with fare-industry veteran and former head of Vix Technology David Maitland, Mobility Payments has learned. The move,…

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Cubic This Week Sees Transit Boards Act on Its Contracts in Four Major U.S. Cities–the Results were Mixed at Best

by Dan BalabanPosted on May 24, 2024 (June 7, 2024)Posted in Closed LoopTagged Cubic, Editor's Choice

Board members for transit agencies in four major U.S. cities this week either proposed or approved changes to their contracts with the same fare systems vendor–Cubic Transportation Systems. Overall, it…

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Cubic Confirms It Outscored Indra on Technical Points, Despite Losing Big Contract in Ireland

by Dan BalabanPosted on May 2, 2024 (December 4, 2024)Posted in Open LoopTagged Cubic, Editor's Choice, Indra

Cubic Transportation Systems has confirmed that it topped the winning vendor, Spain-based Indra, on technical points in the recent competition for the large next-generation ticketing system contract in Ireland, Mobility…

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Tip Sheet: Cubic Lays Off More Employees; Contends It Needs to ‘Become Leaner’ and More Competitive

by Dan BalabanPosted on April 15, 2024 (August 14, 2026)Posted in Closed LoopTagged Cubic, Montreal, SEPTA

Cubic Transportation Systems is laying off more employees in an effort, it says, to “become leaner and more responsive” to the market, Mobility Payments has learned. The U.S.-based vendor, the…

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U.S. Agency Approves Sole-Source Contract for Cubic, Asserting It Would Save 30% by Avoiding Competitive Procurement

by Dan BalabanPosted on March 1, 2024 (March 1, 2024)Posted in Open LoopTagged Cubic, Metro Transit

Officials in the U.S. state of Minnesota, as expected, gave final approval this week to a $37.7 million sole-source contract for incumbent supplier Cubic Transportation Systems to upgrade the Minneapolis-St.…

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U.S. Transit Agency to Overhaul Fare System; Plans to Keep Incumbent Vendor Cubic with No-Bid, 5-Year Contract

by Dan BalabanPosted on January 26, 2024 (March 1, 2024)Posted in Open LoopTagged Cubic

Another mid-tier transit agency in the U.S. plans to accept open-loop payments, under a planned fare system overhaul that will also implement account-based ticketing. Metro Transit, which serves the Minneapolis-St.…

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Tip Sheet: Cubic’s Listening Tour; Novel RFP in Montreal; Delays in Sydney; ‘Next Steps’ for Ireland

by Dan BalabanPosted on January 8, 2024 (April 6, 2024)Posted in Closed LoopTagged Conduent, Cubic, Ireland

Cubic Transportation Systems president Peter Torrellas and the corporate turnaround expert he hired, Rich Varos, have held a series of meetings with Cubic clients and partners starting late last year.…

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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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Tag: Cubic

Cubic Hires Former Vix Chief as Head of Business Development, Replacing ‘Turnaround Expert’ in Post

Cubic This Week Sees Transit Boards Act on Its Contracts in Four Major U.S. Cities–the Results were Mixed at Best

Cubic Confirms It Outscored Indra on Technical Points, Despite Losing Big Contract in Ireland

Tip Sheet: Cubic Lays Off More Employees; Contends It Needs to ‘Become Leaner’ and More Competitive

U.S. Agency Approves Sole-Source Contract for Cubic, Asserting It Would Save 30% by Avoiding Competitive Procurement

U.S. Transit Agency to Overhaul Fare System; Plans to Keep Incumbent Vendor Cubic with No-Bid, 5-Year Contract

Tip Sheet: Cubic’s Listening Tour; Novel RFP in Montreal; Delays in Sydney; ‘Next Steps’ for Ireland

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?

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