Cubic Publishes New Industry Report Pushing for Greater Role of Public Transit Authorities in Driving Mobility as a Service

SAN DIEGO, March 19, 2018 /PRNewswire/ -- Cubic Corporation (NYSE:CUB) today announced that Cubic Transportation Systems (CTS) President Matt Cole authored a new white paper presenting the need for public transit being at the forefront of conversations about Mobility as a Service (MaaS).

Current discussions around MaaS, dominated by commercial mobility service providers, propagates a vision of future mobility that does not adequately address the many issues faced by cities today, such as congestion, density, safety, security, social inclusion and a need for integrated regulation, coordination and policy. For MaaS to be effective in addressing those challenges, public transit agencies must start playing a central role in shaping the direction of MaaS solutions, driving the implementation effort and acting as coordinators of future MaaS endeavors.

The white paper, entitled, "MaaS: Putting Transit Front and Center of the Conversation," will be launched at the American Public Transportation Association (APTA) Legislative Conference taking place between March 18-20, in Washington, D.C. The white paper will be presented to the Mobility Management Committee by Cole.

"Today, the definition of MaaS remains ambiguous. The early adopters of MaaS were almost exclusively private mobility providers and so the industry has come to consider MaaS a private sector initiative," said Cole. "With public transit at its heart, MaaS can bring many benefits to cities, communities and transit agencies. We hope this white paper will help our customers, partners, and the transit industry at large, revisit their assumptions about MaaS and encourage an open discussion about public transit as the backbone of MaaS." 

Download a complimentary copy of the white paper at www.cubic.com/maas.

About Cubic Corporation
Cubic is a market-leading, technology provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militaries' effectiveness and operational readiness. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Mission Solutions provides networked Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) capabilities for defense, intelligence, security and commercial missions. Cubic Global Defense is a leading provider of live, virtual, constructive and game-based training solutions, special operations and intelligence for the U.S. and allied forces. For more information about Cubic, please visit the company's website at www.cubic.com or on Twitter @CubicCorp. 

SOURCE Cubic Corporation