Welcome to the Cubic Transportation Systems blog! We will be posting about automated fare collection, contactless/mobile payment, and other new trends in transit fare collection. Follow us on twitter at @CubicTS for updates on our latest postings.
In honor of National Transportation Week, we wanted to remind people how much they can save by taking public transportation. It saves you money, helps the environment and can ease the stress of your daily commute by car. Here are just a few reasons to take public transportation – and not just this week, but every week.
In their celebration of the Tube’s 150th anniversary, the Guardian is putting together a playlist of songs which are loosely about the London Underground. Ideally, their goal is to feature a song for each of the 270 station stops – and we find that even such unlikely station names as Whetstone are mentioned in songs! The creativity is wonderful!
The Guardian has created a Spotify playlist where you can listen to the songs that have been added so far. You can even add your own to the playlist if you think there is one missing.
As announced last summer, we are very excited and proud to be the lead industry sponsor for the London Underground’s 150th anniversary celebration this year. The kickoff will be 9 January which commemorates the first underground journey between Paddington and Farringdon in 1863.
As part of the celebratory events, there will be two special steam train runs this month. On 13th and 20th January the Met Locomotive No. 1 will pull the Metropolitan Railway ‘Jubilee’ carriage No. 353 and the Chesham set of coaches to celebrate the inaugural public passenger underground journey.
For Cubic, 2012 stands out as one in which we have garnered accolades from our industry peers, with the common theme being one of exceptional service delivery.
Hurricane Sandy ripped through the northeast last week, leaving a path of destruction in her wake. Fifty million Americans have been affected by Sandy, including many of our employees, their families, as well as our customers and suppliers and their families. Our hearts and support go out to all those who have been impacted.
It is with sadness that we learned of the death of Langley Powell on August 31st. He spent much of his transit career in San Diego where Cubic Transportation Systems is headquartered, so his accomplishments resonate on a professional – and personal – level.
In 1980, when most transit systems had abandoned the idea of using trolleys for light rail transit, Langley Powell began running the San Diego Trolley and saw quick success. The San Diego Trolley, which back then ran from downtown San Diego to the border, now runs over three rail lines and 53.5 miles to transport over 32 million passengers every year.
This is the third in a series of three posts of a questionnaire with Min Wei, CFO of Cubic Transportation Systems, following his bylined article in Mass Transit Magazine, “What are Some Tips for Successful Public-Private Partnerships?”
Budget shortfalls, shrinking traditional funding sources, aging and under-capacity infrastructure and other challenges are leading more transit operators to form Public Private Partnerships (PPP or P3) with the private sector to achieve sustainability and growth. Here is what you should expect in a P3 and some best practices, drawn from Cubic Transportation Systems’ more than 20 years of P3 experience working with leading financial advisors and banks to construct, deliver and service some of the largest projects in the automated fare collection (AFC) industry.
Check out our latest video explaining our Nextcity vision!
MasterCard has conducted a survey of over 1,600 Americansabout how paying for transit affected their daily commutes. Overall the survey found that people find itstressful to pay for transit fares with cash. 65% of commuters who use cash to pay their transit fares worried thatthey did not have enough money to pay for their fare, 44% worry about needingcorrect change, and 36% have been unable to ride mass transit because they didnot have enough money for the fare.
Nextcity is Cubic’s vision for the future of transport technology. The goal for Nextcity is an integrated, multi-modal urban travel payment and information platform.
Nextcity envisions a more efficient way of regulating, planning and informing all modes of travel within a given region, by mining and using payment and information data to educate and manage travelers’ choices through the provision of integrated real-time information and dynamic pricing.
On July 6th, I was lucky enough to be present at the White House ceremony where President Obama signed legislation that accomplishes the important goal of rebuilding America's infrastructure and keeping thousands of workers on the job.
Convenience, accessibility and diversity are the key words for transportation fare collection in 2012. Momentum is building toward transit operators allowing riders to pay with contactless debit and credit cards as well as mobile phones for their transit fares.
The progression of transit ticketing systems into open payment systems is primarily being driven by the introduction and widespread adoption of contactless debit and credit cards as well as new programs designed for processing low-value transactions.
Welcome to our blog! Starting today, we will add a few new posts each week on a variety of topics, including payment and information systems, fare collection, contactless/mobile payment, and other new trends in the industry. We want to hear from the people who read our blog, so if you have any questions, please feel free to ask them in the comments section of our posts and we will try and respond to every question either in the comments or through a blog post.
If you would like to keep up with our blog, I suggest you follow us on twitter at @CubicTS or like us on Facebook at Facebook.com/CubicTransportationSystems where we will post links to our latest blog posts as well as transportation stats, interesting information, weekly Art of Transit photos and other news from Cubic. We look forward to hearing your feedback as well as any topics you would like to see covered.
During Phase One of the pilot, PATCO riders could pay for all of their PATCO fares and parking expenses with the PATCO Wave & Pay ANYWHERE Visa® Prepaid Card. They also could use the same card for retail purchases – for example, to buy a snack at a convenience store or pick up dinner at the super market on the way home from work.
As summer arrives, Cubic’s leadership in open payment systems for revenue management is blossoming with the introduction of Nextaccount, the first of several new products in Cubic’s solution systems portfolio for the next generation of fully integrated Automated Fare Collection (AFC) systems.
The transit industry is on the verge of a transformation, and Nextaccount creates the ability for transit agencies to continue to reduce their cost of fare collection while improving the traveler and customer experience.