Transport & Logistics
SBS Transit registers 1.6% revenue growth, higher energy prices hike operating costs
SBS Transit registers 1.6% revenue growth, higher energy prices hike operating costs
Operating profit showed a 16.1% fall to $6.9m.
ComfortDelGro profit down 31.5% to S$117.2m in H1, but earnings better than H2
A one-off gain from the Alperton property disposal in 2022 led to the difference.
Singapore launches 1st smart, clean-energy powered service stations
The service stations are located in Tampines, Pasir Ris, and Lakeview.
SingPost sees integrated 4PL platform and AI to reshape e-commerce logistics
SingPost’s logistics capabilities contribute 70% of its $1.9b revenue, according to CEO of International Business Li Yu.
Consortium to test charging abilities of ECVS on commercial e-vehicles in SG
The Busways-Shell Consortium is accepting corporate enquiries for trial testing.
Jardine C&C number of shares rise to 19,000
Per share amounted to $33.90.
Milkyway Chemical offers $0.2266 per share to take LHN Logistics private
The China-based supply chain service provider said its offer price is final.
ES Group expects net loss for H1
The unexpected breakdown of the ES Jewel vessel contributed to the loss.
Locad speeds up D2C retailers’ fulfilment, shipping of orders
Shrey Jain’s startup helped Havaianas shrink its delivery period from 15–30 days to as short as 24 hours.
Deliveroo, Gojek ink partnership deal
They will work together on initiatives that build customer loyalty, amongst others.
Change in indirect ownership of LHN Logistics’ unit to bear a $4.12m fee to JTC
The fee is one of the pre-conditions for LHN Logistics privatisation.
ComfortDelGro consortium clinches Paris rail tender
Its latest win increased its international rail network by 16%.
Malaysia to seek proposals for development of Kuala Lumpur-Singapore high-speed rail
Earlier this year, Singapore said it is open to proposals from Malaysia about the project.
ComfortDelgro unit to distribute China-made EVs in SG
The EVs are manufactured by ChangAn KuaYue.
What to expect from gov’t Supply Chain Management talent initiatives
Singapore will create 700 new career openings in the industry.
Analyst sees drawbacks from proposed SingPost rate adjustments
CGS-CIMB said there are other potential catalysts to improve the business.
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