Transport & Logistics
ComfortDelGro invests $5.4m in Tel Aviv-based teleoperation software developer
The investment is set to boost the company’s AV capabilities.
ComfortDelGro invests $5.4m in Tel Aviv-based teleoperation software developer
The investment is set to boost the company’s AV capabilities.
What roles will be in demand in the transportation and logistics sector?
New technologies in the industry will require firms to create new high-value jobs.
New economy assets to drive rental growth in the industrial property market
This property type is poised to grow by 2% to 3% in 2023.
What it means for Singapore now that the Electric Vehicle Charging Bill has been passed in Parliament?
The newly tabled Electric Vehicle (EV) Charging Bill in Parliament is a much-welcome step in the right direction as mobility in Singapore continues to...
LTA awards contracts for Punggol interchange station, bored tunnel under CRL2
The contract value for the projects was $496m and $758m, respectively.
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.
Point-to-point transpo firms seek to address driver shortage
ComfortDelGro and Gojek will work together to share resources.
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%.
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