Transport & Logistics

StorHub bags $180m sustainability-linked loan

It is Asia’s first sustainability-linked loan in the self-storage sector.

StorHub bags $180m sustainability-linked loan

It is Asia’s first sustainability-linked loan in the self-storage sector.

SingPost to accept FedEx parcels in trial period

It will accept e-commerce dedicated parcels.

LTA and NEA impose two-year extension for EV incentives

The electric vehicle (EV) early adoption incentive (EEAI) scheme was extended.

COE prices for Category A vehicles now at $105,000

The quota for Category A cars went up by $4,000.

DSV and LOGOS launch new built-to-suit warehouse in Tukang Innovation Drive

The firm will invest $200m into the 720,000-square-feet facility. 

SingPost to impose higher postage rates in October

The rate for standard regular mail will increase by 20 cents to 51 cents.

7% fare hike to hit bus and train commuters in SG

In tandem, PTC required SBS Transit and SMRT to make larger contributions to the Public Transport Fund.

P2P structure, regulatory framework under review

The Land Transport Authority said its review will focus on three objectives.

Labour shortage continues to strain SG's transport and logistics sector

Job vacancy rate in the sectors has become 2.4x higher than pre-COVID.

SATS adds Sustenir Group’s executive chairman to its board

Pier Sigismondi will serve as an independent non-executive director of SATS.

MPA seeks proposal for electric harbour craft charging points pilot trial

The chosen proposal will be implemented for two years and can be extended for a year.

Grab cuts losses to $148m in 2Q23

The figure translates to a 74% YoY improvement.

ComfortDelGro moves dividend payment date to 31 August

The company adjusted the payment date in light of the Presidential Elections.

ERP rates up $1 in 28 August to decongest traffic

ERP rates will be increased by $1 starting 28 August 2023.

How SingPost will survive the downward trend of e-commerce volume

UOBKayHian said the trend will improve in the medium term.