Transport & Logistics

LTA to allot $25m for testing advanced transportation tech

It is also exploring the use of automation and autonomous vehicles in the transport system.

LTA awards $573m MRT line repair deals

The deals will focus on renewing the power supply on the North-South and East-West Lines.

SingPost logistics rises from loss to $4.9m profit amidst pressures

Delivery volumes in SP Parcels, Couriers Please, and Famous Holdings increased.

ComfortDelGro buys 51% stake in CDGI

It has a total cash consideration of $22.9m.

ComfortDelGro to acquire UK-based NAT Group for $25m

It aims to expand its bus and coach operations outside of London.

ComfortDelGro expands taxi business in China by up to $15m

It will also invest in a new repair workshop in Jilin City.

SingPost's domestic mail revenue to fall by 5% until 2020

Customers are migrating towards electronic statements and bills.

ComfortDelGro's earnings to increase up to 3% by 2021

Its petrol sales may offset declining diesel sales.

SingPost's profits up 11.9% to $35.16m in Q3

Improved postal, logistics, and e-commerce performance boosted revenue.

Cache buys nine Australian warehouses for $188.3m

They have an average lease expiry of five years and a 98.1% occupancy.

No retreat, no surrender: Uber insists on joining Singapore's ride-hailing fray

Its head in Asia said it wants to offer faster booking and cheaper rides.

SingPost disposes indirect subsidiary

FPS Famous Pacific Shipping has a cash consideration of $1.59.

Is Keppel T&T cooking up a megaproject?

A sudden ramp-up in staff costs pulled earnings down by 107% in Q4.

Frasers Logistics and Industrial Trust shows robust acquisition targets

Australian states form 39.2%, 30% and 28.2% of FLT’s portfolio.