Transport & Logistics

SBS Transit bags Bukit Merah Bus Package operation

The five-year contract will start in April 2024.

Seatrium commits support for subsidiary’s bond payment obligations

The interest rate margin has lowered since 18 August.

SingPost profit up 11.8% to $11.9m

The group is seeking to raise its postage rates to better cover cost of operations.

Competition commission seeks feedback on Grab's proposed Trans-cab acquisition

The public may submit their feedback until 25 August at 5 pm.

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.

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.