Transport & Logistics

How SATS plans to fund its proposed $1.8b WFS acquisition

It will be funded through a term loan, underwritten rights issues, and an internal cash balance.
1 day ago

How SATS plans to fund its proposed $1.8b WFS acquisition

It will be funded through a term loan, underwritten rights issues, and an internal cash balance.
1 day ago

Point-to-point transpo firms seek to address driver shortage

ComfortDelGro and Gojek will work together to share resources.
4 days ago

Grab will have sufficient time to prepare for benefits of gig workers

The government approved recommendations to provide insurance to workers.

SG drops to 4th place in 2022 urban mobility index: US study

Singapore grappled with balancing health safety and connectivity.

CCCS slaps $2.8m fine against 4 warehouse operators over price fixing

The operators imposed an FTX surcharge for warehousing services at Keppel Distripark.

What can we expect from Sembcorp Industries’ renewables acquisition?

The firm will see long-term growth and stability in its portfolio.

GLS taps Cycle & Carriage for e-vehicle use in logistics and delivery

As part of the collaboration, Cycle & Carriage will supply 10 Citroën ë-Dispatch units to GLS.

ComfortDelGro Bus, NTU roll out first real-time ridership tracker for electric buses

The buses have a display system to show bus routes and stops to commuters.

ComfortDelGro’s public transport unit earnings hit by UK business: RHB

Its EBIT went down by 38% in the third quarter (Q3) of 2022.

Grab cuts losses by 65% YoY to $342m in Q3

Its loss for Q3 included a $90 million in non-cash stock-based compensation expense.

ComfortDelGro’s PATMI rises 32.9% YoY to $34.3m

The increase was on the back of higher revenue.

Schneider Electric  launches $110m Hub Asia

The new warehouse is expected to increase operational capacity by 30%.

PokeSpace invents a ‘GoogleMaps-like’ parking app for EV owners

The app makes electric vehicle owners’ search for parking spaces and chargers seamless.

OKP bags $100.3m LTA contract for commuter infrastructure enhancement

The contract involves the construction of covered linkways at new MRT stations.