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Logistics sector

Dying breed: Chongqing’s iconic porters struggle for relevance as economy shifts

Once a common sight in the city, porters have been increasingly phased out by delivery riders and improvements to Chongqing’s transport system.
Once a common sight in the city, porters have been increasingly phased out by delivery riders and improvements to Chongqing’s transport system.

Boustead shares jump 12% after company files for listing of logistics, industrial Reit

The company had said in June said it was conducting “strategic reviews” for the sale of its stake in some of its logistics and industrial real estate assets to a Reit.
The company had said in June said it was conducting “strategic reviews” for the sale of its stake in some of its logistics and industrial real estate assets to a Reit.

Bosnian truck drivers block movement of goods in protest over barriers, taxes

About 600 trucks were parked near cargo customs terminals in several towns, including the capital Sarajevo (above).
About 600 trucks were parked near cargo customs terminals in several towns, including the capital Sarajevo (above).

China tech giant JD.Com unit, two other firms planning $1.3 billion Singapore Reit, sources say

JD Property, owned by JD.Com, is setting up the Reit with Swiss investment firm Partners Group and EZA Hill Property, which is backed by Asian investment firm Hillhouse, the sources said.
JD Property, owned by JD.Com, is setting up the Reit with Swiss investment firm Partners Group and EZA Hill Property, which is backed by Asian investment firm Hillhouse, the sources said.

Ninja Van cuts 12% of Singapore workforce after 2 rounds of layoffs in 2024

Ninja Van had two rounds of layoff in 2024.
Ninja Van had two rounds of layoff in 2024.

Singapore’s Ninja Van said to halve valuation in latest funding round

Ninja Van, backed by Alibaba Group, is set to raise US$80 million in a round that will slash its valuation by about half to around US$1 billion.
Ninja Van, backed by Alibaba Group, is set to raise US$80 million in a round that will slash its valuation by about half to around US$1 billion.

Flying greener will come at a price, industry players warn

Because of limited availability and the high cost of production, sustainable aviation fuel is two to three times pricier than normal jet fuel.
Because of limited availability and the high cost of production, sustainable aviation fuel is two to three times pricier than normal jet fuel.

New ‘drive-through’ cargo centre at Changi Airport cuts processing time; will be test bed for T5 ops

[Embargoed till 5:30PM on 5 August 2025.]

ST20250805-202554700339-Lim Yaohui-Esther Loi-essats05/

Tractor pulling a dolly with cargo during the official opening of the BUP Handling Centre by representatives from Singapore’s aviation ecosystem, including SIA, CAAS, Changi Airport group, major freight forwarders in a joint show of support on Aug 5, 2025. 

The BUP Handling Centre is named after BUPs, or Bulk Unitisation Programme shipments, which are cargo packages assembled by freight forwarders or shippers and delivered to SATS to be loaded onto flights. It covers an area about half the size of a soccer field at SATS Cargo's Airfreight Terminal. This dedicated and sheltered facility resembles the clearance lanes for cargo trucks at Singapore's Tuas and Woodlands checkpoints.

(ST PHOTO: LIM YAOHUI)
[Embargoed till 5:30PM on 5 August 2025.]

ST20250805-202554700339-Lim Yaohui-Esther Loi-essats05/

Tractor pulling a dolly with cargo during the official opening of the BUP Handling Centre by representatives from Singapore’s aviation ecosystem, including SIA, CAAS, Changi Airport group, major freight forwarders in a joint show of support on Aug 5, 2025. 

The BUP Handling Centre is named after BUPs, or Bulk Unitisation Programme shipments, which are cargo packages assembled by freight forwarders or shippers and delivered to SATS to be loaded onto flights. It covers an area about half the size of a soccer field at SATS Cargo's Airfreight Terminal. This dedicated and sheltered facility resembles the clearance lanes for cargo trucks at Singapore's Tuas and Woodlands checkpoints.

(ST PHOTO: LIM YAOHUI)

First public battery charge and swop station for electric heavy commercial vehicles opens at Tuas

A prime mover being outfitted with a full battery pack at the launch of the first battery charge and swop station for heavy vehicles on Aug 1.
A prime mover being outfitted with a full battery pack at the launch of the first battery charge and swop station for heavy vehicles on Aug 1.

SingPost divests freight forwarding business Famous Holdings for $177.9 million

SingPost Centre at Paya Lebar Central on 15 September 2020. 
SingPost Centre at Paya Lebar Central on 15 September 2020. 

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.