The Business Times - Transport & Logistics

CEO Teo Hark Piang says the company is intentionally absorbing rising wholesale oil prices to build market share With the sheer volume of drivers queueing to refuel at Cnergy, "there …

The sell-off nonetheless shows jitters among traders at a critical juncture for the company GLP’s US$1 billion bond due in 2028 fell around 20 cents this week – its biggest …

The airline is shifting aircraft capacity to capture rising travel demand for the Northern Summer season The Airbus A380 will replace a Boeing 777-300ER on flights between Singapore and Melbourne. …

South-east Asian countries have EV adoption rates of around 40%, exceeding levels in the UK and Europe [MANILA/HONG KONG/HANOI] At a BYD car dealership in Manila’s financial district, demand for …

Inland part of intermodal freight covers all transport over land using modes such as trucks, and is typically bundled with ocean freight Maersk's intermodal fuel fee for Singapore is S$50 …

FedEx has raised its full-year profit forecast on strong fiscal earnings for the quarter ended Feb 28. PHOTO: REUTERS GLOBAL delivery company FedEx said on Thursday that global demand is …

Meanwhile, others are hiking existing fees Maersk's intermodal fuel fee for Singapore is S$50 a trip within Jurong, and S$65 a trip outside the area. PHOTO: MAERSK [SINGAPORE] Three of …

The ride-hailing company will initially invest US$300 million and fund the remaining amount until 2031 While Rivian has not launched a robotaxi yet, it unveiled its first custom computer chip …

AirlineRatings.com has been releasing its World’s Best Airlines ranking annually since 2014 Singapore Airlines has been on every World's Best Airlines list by AirlineRatings.com since 2014, while Scoot, came in …

The company set a goal to become one of the world’s top five carmakers by the end of the decade Andy An, chief executive officer of Zeekr Group, says: “We’re …

Demolition works for Phase 1 are also under way with minimal disruption to operations Cosco Shipping says it is coordinating with the vendors and contractor to ensure smooth progress on …

Funding constraints have left nearly 40% of its fleet grounded for maintenance, limiting flight operations Garuda Indonesia's expenses have risen, with maintenance and repair costs jumping 23%. PHOTO: REUTERS [JAKARTA] …

But sharp increases at the pump are unlikely to significantly alter car-buying trends right away, analysts say Industry watchers say it often takes a sustained period of elevated prices, or …

The Hong Kong-listed arm of billionaire Li Shufu’s auto empire is just over a year into a major overhaul it began in late 2024 Geely is aiming for sales to …

It will double the company’s footprint to more than 2 million sq ft and is equipped with the latest in automation tech [SINGAPORE] Maersk opened its fully automated distribution centre …

The global aviation industry has been thrown into disarray since the US and Israel began bombing Iran on Feb 28 US airlines are more exposed to the higher prices as …

Closer collaboration will offer the Chinese electric carmaker more global opportunities The pact will help Leapmotor navigate European regulations and potential tariff exemptions. PHOTO: BLOOMBERG [HONG KONG] Chinese electric carmaker …

One firm had to reroute cargo of used car parts to Dubai via India, raising the shipping cost five times Container shipping indices are reflecting the increases in freight costs. …

Flights from destinations in the US and continental Europe have been impacted the hardest Emirates is the largest carrier in the region and has ramped up operations from Dubai since …

These range from emergency fuel costs to war risk premiums Container shipping indices are reflecting the increases in freight costs. PHOTO: BT FILE [SINGAPORE] Sea cargo shipping is getting costlier, …

Disruption from the war is roiling global supply chains, forcing liners to tackle everything from transit halts to soaring fuel costs The escalating war has effectively dashed hopes for a …

Vietnamese EV maker expects to resume construction of a US manufacturing plant this year VinFast aims to deliver at least 300,000 EVs globally in 2026. PHOTO: REUTERS [HANOI] Vietnamese electric …

The court also refuses the claimants’ application for permission to appeal further The claims, brought in 2022, relate to shipbuilding contracts for 10 vessels totalling US$900 million. PHOTO: YANGZIJIANG SHIPBUILDING …

Hanoi has also seen reduced supplies from Singapore, the document shows Vietnam imports more than two-thirds of its jet fuel needs, with 60% coming from China and Thailand, according to …

Gulf Arab states have faced more than 2,000 missile and drone attacks since Feb 28 The US-Israel war against Iran has thrown global aviation into turmoil, with flights cancelled, rescheduled …

The group specialises in tunnelling and infrastructure projects The contract is for the design and construction of tunnels between the existing Bukit Panjang station and the upcoming DE1 station (pictured). …

Gulf Arab states have faced more than 2,000 missile and drone attacks since the outbreak of the US-Israeli war on Iran on Feb 28 The United Arab Emirates has faced …

A tanker sails near the Strait of Hormuz, Musandam Governorate, Oman March 11, 2026. PHOTO: REUTERS THE Trump administration plans to announce as early as this week that multiple countries …

Daily charter rates for oil supertankers have quadrupled within a week to nearly US$800,000 The spike in insurance and freight rates reflects the immense logistical and financial challenges facing the …

The authority’s responses are to queries on pre-emptive actions it is taking to address possible congestion, shortages Asia bunker premiums have reached record highs in anticipation of tighter supplies, with …

SIA will operate an additional service from Singapore to London’s Heathrow Airport on Mar 18 and 25. PHOTO: ST [SINGAPORE] Some airlines, including Singapore Airlines (SIA), Air France, British Airways …

Its revenue is up by more than 10%, reflecting growth in newer international markets including Brazil and Mexico Didi Global recently booked a loss in the June quarter due to …

Aspex questions Delivery Hero’s ownership of certain businesses Aspex said Delivery Hero was less profitable than rivals. PHOTO: REUTERS [FRANKFURT/MUNICH] A top Delivery Hero shareholder has threatened to push for …

Denza Z9GT highlights Chinese EV makers’ edge over European rivals in next-generation car technology BYD says the Denza Z9GT can charge from 10% to 70% in five minutes. PHOTO: BYD …

Jet fuel price has doubled since the start of the war Rates on air routes between South Asia and Europe have been the most affected by Middle Eastern airspace closures …

The crash killed 179 people Authorities have already searched regional aviation offices and contractors involved in the airport’s construction as part of a broader effort to determine responsibility for the …

The automaker has grown to prominence by producing both all-electric and hybrid gas-electric vehicles BYD has had joint ventures in the past, but its current “go-it-alone” philosophy reflects a commitment …

Jet fuel accounts for almost half of airlines’ operating costs, Malaysia’s Transport Minister Anthony Loke says Anthony Loke met with airline management, airport operators, jet fuel suppliers and aviation authorities …

The strait is an essential passage for the oil market, handling about a quarter of the world’s seaborne oil trade Oil and gas prices have surged since the start of …

The plan comes as President Donald Trump considers multiple options to stem the dramatic rise in crude and petrol amid the war in Iran The 30-day exemption is set to …

The settlement relates to flights scheduled to depart between January 2020 and November 2022 but were cancelled by Qantas. PHOTO: REUTERS AUSTRALIA’S Qantas Airways said on Friday it has agreed …

European and US carmakers have largely trailed Chinese competitors in cost and battery technology, after state subsidies from Beijing Stellantis has been trying to stabilise its operations under CEO Antonio …

Profit before tax is forecast to fall between 5 and 9.9% BMW's deliveries are forecast to stay on a par with 2025, when it faced a sharp sales decline in …

Deal would mark GLP’s return to public markets GLP has moved in recent years to strengthen its capital base and reshape its business. PHOTO: BT FILE [HONG KONG/SINGAPORE] Singapore-based logistics …

The loss is due to mounting costs related to its electric vehicle strategy Honda expects to incur as much as 2.5 trillion yen in expenses and losses over multiple financial …

Airlines are looking beyond the Middle East challenges as they aim to position the country as a regional aviation hub Rising incomes and increased travel demand in Vietnam are driving …

Major carriers in the US and China have no hedging contracts in place, leaving them fully exposed to jumps in fuel price Jet fuel prices normally move in tandem with …

Rising fuel costs amid escalating Middle East tensions are compounding its challenges Air India is monitoring regional conditions while operating 32 additional flights to the UAE to maintain essential connectivity …

The vehicles will operate on Uber’s platform in the initial phase, with a trained safety driver in the cars Nissan Leaf electric vehicles will be equipped with Wayve's self-driving technology …

[SINGAPORE] Asian carriers are among the best positioned airlines to weather the war in the Middle East as travelers scramble for flights – and pay premiums – to escape the …