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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, coming after Varos was in...

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In-Depth: New York’s MTA Takes Away Part of OMNY Project from Cubic; Seeks Completion of Rollout by Close of 2025

by Dan BalabanPosted on May 22, 2024 (August 31, 2024)Posted in Open LoopTagged Editor's Choice, MTA, OMNY

New York transit authority MTA today took a key part of its high-profile OMNY fare system away from its main technology vendor, Cubic Transportation Systems, as it seeks to complete OMNY over the next 18 months. The board of the Metropolitan Transportation...

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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 (October 9, 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 Payments has learned. The contract...

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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 (October 13, 2024)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 largest fare-system supplier globally, already laid off more...

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‘It was Theirs to Lose’: A Look at Cubic’s Surprising Loss of Key U.S. Fare Project after Tight Competition with INIT

by Dan BalabanPosted on February 27, 2024 (October 25, 2024)Posted in Open LoopTagged Editor's Choice, MARTA

Large fare-system supplier Cubic Transportation Systems was ahead on points over second-ranked vendor INIT after the first round of competition last summer for a contract to provide the Atlanta Rapid Transit Authority with a completely new fare system,...

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Cubic Reveals Organizational Chart of New Leadership Team Tasked with Getting Fare-Systems Vendor Back on Track

by Dan BalabanPosted on January 22, 2024 (March 26, 2024)Posted in Closed LoopTagged Cubic Transportation Systems, Editor's Choice

Cubic Transportation Systems president Peter Torrellas has recruited an expanded senior leadership team during his first 100 days on the job, including creating at least five new or revamped positions–as CTS seeks to recover its market stature, Mobility...

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Cubic Hires Another Fare-Industry Outsider for Senior Management, as It Seeks Turnaround

by Dan BalabanPosted on January 10, 2024 (January 22, 2024)Posted in Closed LoopTagged Cubic Transportation Systems

Cubic Transportation Systems has hired another transit fare-industry outsider to fill a senior leadership role, as the struggling U.S.-based vendor seeks to turn its fortunes around. Stephen Caldwell, formerly of large Dallas-based business and technology...

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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 hold onto its existing business, Mobility...

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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 Jeffrey Lowinger, whose more than three-year...

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Cubic Appoints New President for Fare Business Division, as It Prepares for Possible Sale

by Dan BalabanPosted on August 25, 2023 (January 6, 2024)Posted in Closed LoopTagged Cubic Transportation Systems, Editor's Choice

Cubic Corp., the largest supplier of fare-collection systems globally, has hired a new top executive for its Transportation Systems division, appointing an executive from U.S.-based defense and infrastructure technology company Parsons Corp. Cubic named...

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

In-Depth: New York’s MTA Takes Away Part of OMNY Project from Cubic; Seeks Completion of Rollout by Close of 2025

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

‘It was Theirs to Lose’: A Look at Cubic’s Surprising Loss of Key U.S. Fare Project after Tight Competition with INIT

Cubic Reveals Organizational Chart of New Leadership Team Tasked with Getting Fare-Systems Vendor Back on Track

Cubic Hires Another Fare-Industry Outsider for Senior Management, as It Seeks Turnaround

Cubic Hires New ‘Chief Growth Officer;’ Replaces Head of Business Development

Torrellas Takes Over as President of Cubic Transportation Systems; Can He Get Vendor Back on Track?

Cubic Appoints New President for Fare Business Division, as It Prepares for Possible Sale

Calls Unheeded? Transport for London Says Certain Merchant Fees Rising Despite Complaints

Auckland Launches Open-Loop Service as Planned, as It Awaits Implementation of National Rollout in New Zealand

Report: Conduent and State Transport Officials in Melbourne at ‘Loggerheads’ Over Contract, but State Denies Problems

Washington, D.C., Transit Agency Chooses Littlepay over Incumbent Cubic for Open-Loop Upgrade

Tip Sheet: Will Conduent Put Its Transit Fare-Collection Business on Sale Again?

Washington, D.C., Transit Agency Chooses Littlepay over Incumbent Cubic for Open-Loop Upgrade

U.S. Agency Releases First Details about Reasons for ‘Emergency Procurement’ to Replace Fare System; is It Enough?

Australia: Cubic Notches Contract in Tasmania by ‘Leveraging’ Its Larger Queensland Project in ‘Platform-as-a-Service’ Play

Tip Sheet: Washington, D.C., Short Lists Vendors for Open-Loop Payments Project

U.S. Agency CapMetro Calls ‘Emergency Procurement’ that Hired Cubic to Replace Incumbent Vendor Bytemark a ‘Pressing Urgency’