Win for Cubic and Transport for London Win the Rail Business Awards

Cubic Transportation Systems (CTS) and Transport for London (TfL) have been awarded the Technological Innovation award at the UK’s18th annual Rail Business Awards, which recognises excellence and innovation in the United Kingdom’s rail sector. Launched in 2012, the contactless bankcard system was extended in 2014 to cover London’s entire transport network, including Tube, rail, bus and tram services. Since the introduction of the contactless payment scheme, more than 350 million contactless journeys hav
March 4, 2016 Read time: 1 min
378 Cubic Transportation Systems (CTS) and 1466 Transport for London (TfL) have been awarded the Technological Innovation award at the UK’s18th annual Rail Business Awards, which recognises excellence and innovation in the United Kingdom’s rail sector.

Launched in 2012, the contactless bankcard system was extended in 2014 to cover London’s entire transport network, including Tube, rail, bus and tram services. Since the introduction of the contactless payment scheme, more than 350 million contactless journeys have been made across the network.

Cubic says that more than one million journeys are made on London’s transport system using contactless bankcard payments every weekday. In addition, bankcards from more than 80 countries are used on the London system, bringing a new level of convenience for the millions of visitors who visit London each year.

For more information on companies in this article

Related Content

  • Transport in the round
    October 13, 2015
    The ITF’s Mary Crass tells Colin Sowman why future transport demands will require governments to overcome the silo effect of individual single-modal authorities. The only global multimodal transport policy organisation,” is how Mary Crass describes the International Transport Forum (ITF), which is housed at the Organisation for Economic Cooperation and Development (OECD). As head of policy and summit preparation at the ITF she says: “All other organisations are either regional or have a modal focus, we cove
    Read More
  • One-stop parking management launches at Intertraffic
    February 17, 2016
    Parkonomy, an innovative technology start-up that launched at the beginning of 2015 to offer a convenient, one-stop-shop solution to booking and managing parking for clients and customers in the UK, will be at Intertraffic Amsterdam to begin developing EU market opportunities during 2016. The Parkonomy website (www.parkonomy.com) acts as a comprehensive car park search engine into which customers can enter either their current location, or a car park’s name or unique location number, to find the perfect par
    Read More
  • Mayor secures record investment in cycling in London
    December 9, 2016
    London Mayor Sadiq Khan has committed to spending US$194 million (£154 million) per year on cycling over the next five years, representing an average US$21 (£17) per head per annum, a level of spending on a par with Denmark and the Netherlands. The investment, part of the Transport for London (TfL) draft Business Plan, goes beyond his manifesto commitment to increase the proportion of TfL’s budget spent on cycling. It will also include substantial benefits for pedestrians with new pedestrian crossings an
    Read More
  • £2 bus scheme sees Go-Ahead carrying 10 million passengers
    March 28, 2023
    One route has seen a jump of 130% in ridership since the start of discounted fares
    Read More

Highlighted Content