It’s working on viable solutions – through dialogue and with a sense of responsibility toward employees Earlier this week, BMW issued a profit warning, blaming it on prolonged weakness in …
The Business Times - Transport & Logistics
Latest maritime news from The Business Times - Transport & Logistics 50 articles shown
Want email alerts?
Sign in with LinkedIn
Recent Articles
The automaker’s shares fell further on Thursday, hitting their lowest levels since November 2, 2020 BMW may announce capacity cuts in Europe and accelerate its strategy of localising production in …
Chinese carmakers have garnered 15 per cent of EV sales in Europe in April CHINA’S BYD plans to start selling its Great Tang sport utility vehicle in Europe as soon …
The government wants Heathrow’s new runway to open in 2035 Plans to expand Heathrow have faced opposition for decades from local communities and environmentalists. PHOTO: REUTERS [LONDON] The British government …
The city-state takes the top spot among non-OIC destinations; Malaysia ranks first globally Four in five travellers now use AI tools to plan, evaluate and discover their journeys, the Global …
The inaugural route will start in October 2027 Qantas is set to receive its first Airbus A350-1000ULR in April after long delays in building the bespoke jet. The plane can …
The firm says it has “completely accepted” the regulator’s requirements and made the necessary changes The regulator summoned Hong Kong-based Lalamove to a meeting in September, demanding the company abide …
The EV giant could potentially sponsor a midfield or back-of-the-pack team at a lower cost than a top-tier team Being a sponsor could avoid regulatory issues and is cheaper for …
During the hostilities, regional producers have made increased use of infrastructure that avoided the Hormuz chokepoint PHOTO: REUTERS OIL flows going through the Strait of Hormuz may recover to only …
Deal marks Singapore unicorn’s eighth market in the Asia-Pacific Aaron Tan, co-founder and CEO of Carro, notes that Australia is “one of the largest used-car markets” in the Asia-Pacific. PHOTO: …
Since 2018, the private equity firm and Altavair have acquired 188 aircraft and engine assets Airlines now lease or rent, rather than own about half of the global fleet, with …
Plaintiffs seeking damages, restitution and disgorgement of profits from the defendants Singamas Container is accused of fixing prices of containers in an alleged cartel. PHOTO: SINGAMAS [SINGAPORE] An importer and …
But observers do not expect rates to drop as competition remains intense Car dealers say that demand in June tailed off in the wake of The Car Expo, which took …
But observers do not expect rates to drop as competition remains intense Car dealers say that demand in June tailed off in the wake of The Car Expo, which took …
Singamas Container is accused of fixing prices of containers in an alleged cartel. SINGAMAS [SINGAPORE] An importer and a trucking provider have filed the first class action lawsuits against leading …
The open category is the only one that is higher, with an increase of S$2 [SINGAPORE] The price of a Category A Certificate of Entitlement (COE) fell 1.7 per cent …
It also cites negative sentiment from the Iran war for the decline BMW had so far been on more solid footing than its peers in the face of the difficult …
The carrier aims to fly new routes to South Korea, China, Thailand, Russia, Mongolia, Kazakhstan in 2026 The carrier will also operate from Vietnam’s other airports including, Nha Trang, Ho …
The agreement between US and Iran being finalised had not changed Jotaro Tamura’s view US President Trump said in a Truth Social post that ships loaded with oil are starting …
Singapore Airlines and Scoot carry a total of 3.6 million passengers, a 5.2% year-on-year increase [SINGAPORE] Singapore Airlines (SIA) Group’s passenger traffic grew 4.9 per cent year on year in …
The country could move toward electric trucks at an even faster pace than targets indicate [BEIJING] China rolled out a push to electrify heavy trucks, a policy that is likely …
Researchers interviewed by Reuters said Tesla’s figures are highly misleading Tesla enthusiast Kees Roelandschap drives around hands-free with his electric car, several days after Dutch regulators approved the use of …
With limited information so far, there was little activity in the strait in the early hours of Jun 15 Iran’s grip on Hormuz, combined with a US blockade, has created …
Sea freight rates have spiked up to three times in general since the Middle East war erupted Nerijus Poskus, Flexport's global head of ocean procurement, is bullish about premium express …
In a joint letter, they are calling for 70% of vehicles sold in EU to source 70% of their value from within the bloc The EU has been weighing a …
It aims to operate 3,000 autonomous vehicles, comprising 10% of its fleet, by 2030 [SINGAPORE] Transport operator ComfortDelGro (CDG) expects China and Singapore to be its prime markets for autonomous …
The airline expects the service to start in August or September, subject to market conditions AirAsia was hit hard by volatile jet fuel prices as it was forced to cut …
The crash on Jun 12, 2025, killed 260 people in the world’s deadliest air disaster in a decade The Air India 787 headed to London crashed shortly after take-off from …
The company has struggled to restore growth after its domestic sales were hit by intensified competition with local peers over the past year To achieve that goal, the firm would …
IATA director-general Willie Walsh said the benefits are temporary and will not make a long-term difference because the Gulf hubs will recover once stability is restored in the region. PHOTO: …
He also rejected Lufthansa’s criticism that Gulf carriers enjoyed an unfair regulatory advantage [BERLIN] Emirates president Tim Clark warned on Tuesday (Jun 9) that weaker airlines could fail if the …
New systems will increase capacity to process small and medium-sized parcels from 100,000 to 300,000 per day Combined with existing capacity for large parcels, total daily throughput capacity at the …
Retired executives blame CEO Mibe for China neglect, EV missteps Honda CEO Toshihiro Mibe, who became CEO in 2021, will accept a 30% pay cut for three months to take …
The moves aim to strengthen the company’s finances and reassure investors before its upcoming IPO GLP still has about US$5 billion of assets outside of China after the sale of …
Electric vehicle sales remain sluggish in the United States and some other countries In recent years, VinFast has shifted focus to South-east Asia and India, targeting high-population markets, though it …
Exports grow 75.1% but the increase isn’t enough to counter the domestic slump BYD’s total vehicle sales rose for the first time in nine months in May. PHOTO: REUTERS [BEIJING] …
Several tankers have managed to leave the Gulf recently, but oil and liquefied natural gas flows are still severely constrained The US-Israeli war on Iran has largely cut oil flows …
For now, some carriers have sought to benefit from the regional competitive dislocation British Airways, which is part of IAG, as well as Deutsche Lufthansa and Air France-KLM, have pushed …
Iata says it expects the industry to post combined earnings of US$23 billion this year, down from US$45 billion in 2025 Willie Walsh, director general of Iata, expects some smaller …
Airlines across the world are grappling with higher fuel costs because of the Iran war IAG, which owns British Airways, plans to offset 60% of fuel costs through revenue and …
Fuel price volatility and inflation sit at the top of the industry’s risk agenda, found a recent survey The Jun 6 to 8 annual Iata meeting comes as that fuel …
Turning out more jets is critical to its financial recovery after losing more than US$30 billion recently The planemaker’s stated goal is to raise production to 63 jets a month. …
The bank hikes its price target on the electric-vehicle maker’s shares to US$475 from US$145 JPMorgan analysts say Tesla's revenue is forecast to more than double to roughly US$203 billion …
Electric vehicles and hybrids account for almost half of the cars sold in Australia in May BYD’s momentum is likely to continue, with the firm this month using one of …
Singapore Airlines has opened discussions to buy at least 50 of the industry’s biggest jets, Reuters reported earlier Qantas operates some 128 jets and is in the middle of a …
The carrier is seeking offers for the 400-seat Boeing 777X or the slightly smaller Airbus A350-1000 SIA is one of the largest buyers of long-haul jets, with a reputation for …
EV demand, high diesel prices and short supply will continue driving upward pressure: observers Demand for heavy electric trucks, such as this BYD T35, has been turbocharged by incentives introduced …
CEO Sean Lee says company is riding growth momentum and hiving off shipyard business to Fuji Offset in RTO to fund expansion The firm on May 15 proposed injecting Marco …
Cumulative deliveries hit 1.1 million as at end-May The Chinese electric vehicle maker delivered 150,526 vehicles in the year to date, a 68.7 per cent year-on-year rise. PHOTO: BLOOMBERG [SINGAPORE] …
Some of the ships that have crossed belong to companies that had not transited Hormuz since the war began The increase in transits through Hormuz could signal that more shipping …
Stay Updated with The Business Times - Transport & Logistics
Never miss important maritime news from The Business Times - Transport & Logistics. Set up personalized alerts or search for specific topics to stay informed about industry developments.