Transport & Logistics

Distance-based fares derail SMRT’s revenue growth

Lower average fares will negate ridership improvements and limit revenue growth to only around 1% quarter-on-quarter, warns analyst.

New Thomson Line station to be built near Republic Polytechnic

The Land Transport Authority will integrate the new station with the proposed Rapid Transit System link between Singapore and Johor Bahru, says...

No letters to Canada for now

But if you have items already with SingPost, they will deliver as soon as Canada Post resumes its operations; the question is when.

SingPost to collaborate with Malaysian firm

It has also acquired 50 million ordinary shares in Efficient, a provider of integrated outsourcing solutions in data and document processing.

Midas clinches RMB 62m Shanghai Metro contract

The deal with CNR Changchun is for 41 train sets, or 246 train cars.

Neptune Orient appoints Glenn as APL president

Kenneth Glenn is currently the head of APL's north Asia region. Neptune Orient Lines named Kenneth Glenn as president of its APL unit after...

President of NOL’s shipping business resigns

APL President Eng Aik Meng is said to be leaving to take a new position outside the transportation industry.

Good morning Vietnam: SingPost buys 30% stake in Indo Trans Logistics Corporation

The postal company’s investment provides springboard into Vietnam and Indo-China market.

NOL sinking along with shipping rates

First it was rising fuel costs, now it’s the consistent fall in shipping rates that’s causing trouble to the company that lost $10 million in the...

The wheels on the bus go round and green: SMRT to develop electric buses and taxis

SMRT will be in talks with China-based BYD to sell and distribute electric vehicles for better air quality, says DMG, citing a report in the Business...

SingPost launches online luxury store

Clout Shoppe is positioned to serve the fast-growing market of internet-savvy consumers.

ICTSI stumps others with takeover bid for Portek

The offer is said to be at a 69 percent premium to market prices.

NOL shares big index loser: report

Demand for container shipping could drop amidst slowdown in economic activity.

NOL makes virgin investment in Chinese terminal

Neptune Orient Lines will invest $25.8 million in a joint venture to operate a two-berth container terminal at the port of Qingdao.

SingPost takes full control of DataPost

For S$6 million, SingPost acquired the remaining 30% stake in DataPost to further develop its hybrid mail business in the region.

NOL still taking on losses, US$10mln sunk in the first quarter

Still, it's an improvement from the US$98 million lost during the same period in 2010, but shows the shipper still has work to do to right its...