Transport & Logistics
Car management app Motorist hits over 27,000 users
Car management app Motorist hits over 27,000 users
It is also one of the Top 10 Most Downloaded Apps for Transport.
Frasers Logistics and Industrial Trust bags $161.8m of loan facilities
DBS, OCBC and UOB will be the firm’s original lenders.
COE prices closed mostly lower in latest bidding exercise
The prices of category E vehicles saw the highest decline of $4,998 to $42,002.
Singapore startup Parcel Perform expands to Europe
It will also partner with Coureon Logistics to offer multi-carrier logistics for European e-commerce retailers.
GoJek hits 10 million Singapore trips 6 months after kickoff
It will launch a rewards programme for drivers who have completed over 1,000 trips since November. Indonesian ride-hailing platform GoJek hit the...
LTA initiatives a boon for ComfortDelGro
A proposal for a new rail line could fuel a contract win for SBS transit.
LTA mulls rail link between north and northeast Singapore
The Land Transport Master Plan 2040 also unveils plans to extend the Downtown and Thomson-East Coast Lines.
ComfortDelGro trials driverless shuttle around NUS
The NUSmart Shuttle is expected to commence the passenger service trial in Q3.
COE prices closed lower in latest bidding exercise
Category A vehicles saw the biggest premium decline of $9,704 to $27,000.
Public transport payment via Visa to go live on June 6
The LTA already made the contactless payment service available with Mastercard in April.
SingPost ties up with Synagie to provide on-demand warehousing
SMEs can acquire integrated warehousing services on a pay-as-you-use basis.
SBS Transit profits jumped 23.3% to $20.67m in Q1
Revenue from public transport services grew 6.8% to $334.4m. SBS Transit started 2019 on a positive note as profits climbed 23.3% YoY to $20.6m in Q1...
COE prices closed with mixed results in latest May exercise
Category A vehicles saw the highest premium increase of $3,505.
SingPost's profits plunged 86% to $18.96m in FY2018/2019
It blamed the one-off $98.7m impairment charges from its US businesses.
Jardine Cycle & Carriage profits soared 131% to US$312m in Q1
But underlying profit fell 8% to US$201.3m in the absence of Vinamilk’s dividend income.
ComfortDelGro could lure in cabbies with new profit-sharing scheme
The scheme cuts taxi rental rates from $105 to $68-78 a day in exchange for 15% of cabbies’ fare takings.
Motor insurance plan for new and young drivers launched
Policyholders attending a safe driver programme can have additional premium loading cut by 10%.
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