Transport & Logistics
GLS taps Cycle & Carriage for e-vehicle use in logistics and delivery
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.
Rebound in supply shortage raises ride-hailing fares: analyst
This even as the pump prices are easing.
OKP bags $100.3m LTA contract for commuter infrastructure enhancement
The contract involves the construction of covered linkways at new MRT stations.
ComfortDelGro bags 3 metropolitan bus contracts in Sydney
The contracts are worth A$1.7b in total.
ComfortDelGro consortium clinches tender for the installation of EV charging points in HDB car parks
LTA awarded the consortium two of its 10 packages.
Singapore launches last-mile parcel delivery standards
The new standards aim to improve the areas of packaging and labelling, amongst others.
CLCT’s net property income rises 7.5% YoY in 9M22
Its new economy portfolio drove the increase.
CapitaLand Investment enters joint venture to establish Asia-focused self-storage platform
The initial equity investment is worth $570m.
Joint funding to support startup innovation for MRT optimisation launched
The funding is around $500,000.
ComforDelGro tops transport benchmark for decarbonisation
This is due to its science-based targets and drives to increase low-carbon vehicle share.
ComfortDelGro Singapore rail ridership back at 88% pre-COVID-19 levels
The firm managed to raise the commission rate for app bookings to 5%.
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