Transport & Logistics

FedEx launch time-definite delivery service for AMEA businesses

Singapore and Hong Kong were amongst the selected destinations for delivery.

COE premiums see dip in January open bidding exercise

Category B vehicles saw the biggest decline with a 4% decrease. 

Grab's new COO is former SATS president & CEO

Alex Hungate will oversee Grab’s mobility, deliveries, and financial services.

ComfortDelGro CEO to resign

The resignation will take effect on 1 April 2022. 

ComfortDelGro enroute to being UK’s second largest coach operator

This is following a $15.84m deal with Stagecoach Group.

Pivoting collectively towards a sustainable and future-ready journey

Yeap Transport won the Team of the Year - Transportation award at the SBR Management Excellence Awards 2021.

Grab debuts on Nasdaq following merger with Altimeter

Its common stock is expected to begin trading on 2 December.

Altimeter approves business combination with Grab

The transaction is expected to close on 1 December 2021.

FLCT acquires property in new UK business park for S$51.5m

The property will be developed into a freehold high-specification facility

ComfortDelGro’s Metroline Travel Limited acquires $6.552m London property

The acquisition will be fully funded by cash through internal resources.

Mapletree Logistics Trust to acquire 17 modern Grade-A logistic properties for $1.4b

Of the 17 properties, 13 are in China, three in Vietnam, and one in Japan.

ComfortDelGro Bus to operate SG's largest e-bus fleet

The company won a $30m contract to operate at the NUS. 

Grab suffers $1.34b net loss in Q3

This is a 59% decrease in net profit, YoY.

ComfortDelGro cancels Australian IPO

The IPO was first announced in August 2021.

Singapore to launch VTL with Malaysia

The service is expected to take effect on November 29.