Transport & Logistics

Samudera Shipping unit, Imoto Corporation enter JV to set up shipping company in Japan

Blue Ocean Shipping will be headquartered in Kobe and is expected to begin operations in the first half of 2026

The EU executive appears to have yielded to the call from carmakers, as they struggle to compete against Tesla (above) and Chinese electric vehicles.

EU to yield on combustion engines ban after automaker pressure

It will be the union’s most significant climb-down from its green policies of the past five years

Asian Terminals says that it plans to conduct a tender offer and voluntarily delist from the stock exchange.

Philippine wealth fund to invest in port company Asian Terminals

The Philippine sovereign wealth fund has pursued a few deals since its inception in 2023

IndiGo staff tagging stranded bags and belongings of passengers following large-scale flight disruptions at New Delhi's Indira Gandhi International Airport on Dec 8.

IndiGo chaos unmasks fragility of India’s aviation market

The crisis that has engulfed the airline, and led to more than 580,000 passengers being stranded

Musk’s fortune has further to run if SpaceX succeeds in an initial public offering as soon as next year, where it’s targeting a valuation of US$1.5 trillion.

Elon Musk’s fortune soars above US$600 billion on new SpaceX valuation

The company is the biggest player in the orbital launch industry with its Falcon 9 rockets

JetBlue Flight 1112 had departed Curacao and was flying about 64 km off the coast of Venezuela when it reported encountering the US Air Force jet.

JetBlue flight averts mid-air collision with US Air Force jet

A JetBlue spokesperson said the company’s top priority was safety

A Ford logo is pictured on a Ford F-150 pickup truck. The Detroit automaker said it will cancel plans for select larger EVs - including its F-150 Lightning - due to weak demand.

Ford scales back EV ambitions, forecasts US$19.5 billion write-down

The company will focus on a family of smaller, affordable electric vehicles instead

 The courier is taking on its biggest network reconfiguration in history as it seeks to lessen its dependency on labour, trim fixed costs and boost margins.

UPS buys hundreds of robots to unload trucks in automation push

Unloading trucks and shipping containers at warehouse docks is mostly done by people and remains a key bottleneck in the shipping industry

Four companies have been awarded contracts for electric buses.

LTA awards over S$300 million in contracts for 660 electric buses, including to BYD

This marks the authority’s first large-scale purchase of double-deck buses