Transport & Logistics

Volkswagen CEO Oliver Blume is trying to make the automaker faster and leaner after years of software delays, bloated costs and declining profitability.

Volkswagen must cut costs faster to change, chairman says

VOLKSWAGEN’S controlling families dialled up the pressure on the German auto group’s stakeholders on Friday (Aug 7), backing management’s push for a dramatic restructuring that could cost tens of thou...

2026-08-07T08:23:22.000Z

Yangzijiang Shipbuilding’s outstanding book order stands at US$22.4 billion as at end-June.

Yangzijiang Shipbuilding H1 net profit rises 28.4% to US$800 million on higher-margin vessels

Earnings per share stands at 136.4 fen, up from 106.02 fen

2026-08-06T11:27:50.000Z

This is the first time that Honda is entrusting an Indian engineering services firm with building an end-to-end platform to help cut costs.

Honda outsources new vehicle programme to India’s Tata Technologies to cut costs

The platform is expected to support multiple car models, sources say

2026-08-06T09:47:11.000Z

PSA processed 44.5 million TEUs in 2025 and maintains a network connecting to 600 ports globally with daily sailings.

PSA’s automated Tuas Port hits 25 million TEUs amid US$90 billion capacity race

The facility currently operates 14 berths and remains on schedule to expand to 18 by 2027

2026-08-06T05:48:24.000Z

Finance Minister Purbaya Yudhi Sadewa said that he will appoint an agency under his ministry to take over the stake in KCIC, the firm that operates the bullet train.

Indonesia government to take over state firm's stake in US$7.3 billion China-funded high-speed railway

The authority will buy a 60% stake in the project while Chinese state firms continue to hold 40% interest

2026-08-06T05:10:28.000Z

Qantas said it was pleased to have reached an “in principle agreement” with its long-haul pilots.

Qantas, pilots’ union reach provisional agreement in pay talks

The deal with pilots comes as a Qantas ground workers’ union said that around 650 staff would soon vote on industrial action

2026-08-06T04:50:21.000Z

Air India is grappling with losses and an ambitious turnaround, made more challenging by 2025’s crash that killed 260 people.

Air India taps Ethiopian Airlines veteran as CEO

Tewolde Gebremariam transformed Ethiopian Airlines into Africa’s largest carrier and guided it through two major crises

2026-08-06T00:24:12.000Z

The premium for a Category A COE – meant for smaller, less-powerful cars and electric vehicles – is down 1.7% at S$123,890 in the latest tender exercise.

Cat A COE premium eases as demand is diverted to Cat B

With the gap in premium between the two categories narrowing, buyers may prefer bigger cars, say observers

2026-08-05T13:18:21.000Z

Under the authorisation, the Wayve vehicles will still have a supervisor aboard each ride, with their hands off the wheel unless an intervention is required

Uber and Wayve win licences for supervised robotaxis in London

[LONDON] Uber Technologies and UK startup Wayve Technologies are preparing to launch their robotaxi service in London with a safety driver, getting out ahead of Waymo and Baidu’s planned rollouts.

2026-08-05T09:41:16.000Z

The motorcycle (Category D) COE premium records a 3% increase from S$10,202 to S$10,503.

Cat A COE premium eases 1.7% to S$123,890; Cat B price stays flat

The price of an Open category (Category E) COE climbed 0.8 per cent from S$129,971 to S$131,000

2026-08-05T08:41:23.000Z

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