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
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
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 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
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 averts mid-air collision with US Air Force jet
A JetBlue spokesperson said the company’s top priority was safety
GM strikes deal to put Apple Music in all of its new vehicles
Owners of older models still have CarPlay
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
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
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