Transport & Logistics

SMRT invests a whopping $195m on North-South East-West Lines

The project will replace the signaling system on the NSEW Lines, reducing the time gap between trains to 100 seconds. Read ››

Dear SMRT, it’s not time to rejoice yet

Efforts to replace signaling system and government’s move to increase rail capacity of the CCL have no immediate financial impact. Read ››

Worst is not over for SMRT: DBS

Government regulation may add substantial burdens on operating its transport systems. Read ››

Bumpy ride ahead for SMRT

Falling net profits, persistent cost pressure and declining weekly ridership for CCL – what else to expect? Read ››

Singapore roads safest in half-a-decade

Fatal and injury accident rate in 2011 dropped to 83.31 per 10,000 vehicle population. Read ››

Indian logistics will drive over the slump

A sluggish GDP will still hurt the industry but stable diesel prices and undeterred demand should compensate. Read ››

SMRT’s revenue surges 10% to $268m in 3Q12

The group stays strong despite the MRT disruption that caused a stir last year. Read ››

SingPost’s net profit drops 5% to S$42m in 3Q11

The country’s postal industry struggles for survival despite dipping mail volumes. Read ››

Woodsville Tunnel completion to ease traffic soon

The improved tunnel network will become operational starting January 28. Read ››

Keppel T&T profit up 38%

Profit for fiscal year 2011 was $79.4m. Keppel Telecommunications & Transportation said revenue increased 10% to $118.1m. Read ››

SMRT’s dividends risky in 2012: DBS

DBS projects SMRT’s net profit to plunge to S$137m in FY12, and its growth to register a paltry 1% in FY13. Read ››

Port of Singapore just won't sink

Vessel arrival tonnage and container throughput grew in 2011 despite recession woes. Read ››

SMRT debacle: Government to thoroughly review penalty framework

Plus the Committee of Inquiry will hold its hearings in public. Read ››

Will SMRT's profits be derailed?

New leadership may lead to drastic change in business focus and payout policies, says Kim Eng. Read ››

Mr Tan to manage SMRT as Ms Saw resigns

Tan Ek Kia said he would work quickly to ensure the leadership team of SMRT has whatever support they need. Read ››

CEO stops in her tracks: SMRT accepts offer of resignation

Saw Phaik Hwa will however assist the investigation teams and the Committee of Inquiry reviewing the causes of the train operations disruptions. Read ››

It's official: Singapore drivers worse than Hong Kong counterparts

Survey shows drivers in Singapore are more likely to go through an amber light. Read ››

SMRT investigates last month’s service disruptions

Aside from the internal investigation, a three-person Committee of Inquiry has been appointed by the transport minister. Read ››

Bumpy ride ahead for Singapore’s transport sector

Outlook for the aviation and shipping industries have turned gloomy as global travel and trade are likely to remain subdued in 2012. Read ››

SMRT trains still running at reduced speeds

But with most SMRT trains repaired the 40kph cap might be lifted soon, says Transport Minister. Read ››

Singapore land transport knowledge hub in the works

New center at Hampshire Road will focus on training land transport experts in Asia-Pac. Read ››

Why I don't want to be SMRT's CEO right now

If there’s one person I wouldn’t want to be right now, it’s the CEO of SMRT. Read ››

5 critical things SMRT failed to do for crisis management

Affecting more than 130,000 train passengers, last week’s 3 major MRT incidents over a period of 3 days has spurred public backlash. Read ››

SMRT train service resumes before midnight

Passengers who were unable to complete their journeys due to the disruption can file a claim for refund. Read ››

SMRT to “keep pace” with ComfortDelgro’s fare increase

SMRT’s new taxi fares will be implemented on 20 December 2011. Read ››

Port of Singapore still world's busiest

Minister of Transport proclaims as port marks 2 billion GT milestone. Read ››

New Clementi bus interchange to open on 26 November

The new interchange is expected to benefit about 8,500 commuters daily. Read ››

DHL appoints Kelvin Leung as Asia Pacific CEO

Mr Leung will be tasked to steer Asia Pacific region for its Global Forwarding unit. Read ››

ComfortDelGro bus shocker: Singapore buses actually lost money last quarter

Ready for a fare raise? According to DMG OSK, CDL had overall good results but the one standout difficulty was Singapore buses which actually lost S$42k in 3Q11 on higher fuel prices excluding advertisement and rental income. Read ››

LTA reduces ERP rates for December school holidays

Revised Electronic Road Pricing rates will apply from 19 November to the end of 2011. Read ››

ComfortDelGro profit up 12.5% to $69.1m

Its 3Q $877m revenue would have been stronger had it not been for the negative translation effect of the weaker Sterling Pound, Renminbi, and Dong. Read ››

SBS Transit profit down 16.4% to $10.7m

SBS Transit profit down 16.4% to $10.7m Operating expenses for the third quarter reached $179.2m. Read ››

Road trip: Automobile Association of Singapore gears up for an 8-day journey to Thailand

According to a release, Singaporeʼs leading motoring association, the Automobile Association of Singapore (AA), is ready to embark upon a gastronomic journey of discovery, as the WanBao AA Makan Trail once again eases off the handbrake, this time heading North from Singapore to Phuket and Khao Lak in Thailand. Read ››

What you need to know about Berger International’s legal case fiasco

Its subsidiary was sued by one unhappy customer last year, and the claim was dismissed by the High Court - but now the Court of Appeal just overturned this decision. Read ››

SMRT profit derailed by high energy costs

Profit for the second quarter of 2011 was down to S$34.1m. Read ››

SingPost second quarter profit down 22.5% to S$30.6mn

The group recorded higher revenues but lower profits from higher operating costs and investments in growth. Read ››

OKP Holdings’ $433m order book to grow ‘mega jobs’ up for grabs

The company earned S$4.9m in Q3 despite a 30% revenue slump. Read ››

SGX queries Grand Banks Yachts’ controversial director

Mr Robert William Livingston II still holds directorship despite majority vote against his re-election, and SGX is concerned. Read ››

Busted: SMRT fined $200,000 for security breach

Investigations by LTA found that SMRT had failed to exercise the due diligence and vigilance expected of a public transport operator. Read ››

Enough of the cars! Unless you want more vehicles than roads to drive them on

You may want to think twice about buying that second car as LTA aims to cut down annual vehicle population growth amidst average annual road growth of only about 1%. Read ››