Transportation
Gojek to exit Vietnam market – report
Gojek said the decision, made by its parent company GoTo after assessing its market presence in Vietnam, aims to strengthen business operations and aligns with the company's long-term growth strategy.
Maybank: Indonesia’s fuel curb increases need for higher ride hailing incentives
Fuel curb in Indonesia increases need for higher ride hailing incentives, Maybank Investment Bank said Thursday.
Capital A chief Fernandes demands answers from Microsoft with airlines losing ‘millions’ in global IT outage
The global tech glitch affected flights, banking and company operations in Malaysia, Hong Kong, Singapore, the United States, the United Kingdom, India and Australia, according to various media reports.
How technology impacts the trucking industry
The impact of technology on the trucking industry has surpassed mere navigation systems. Recent developments reveal that these technological innovations changed the trajectory of the entire industry. From guiding systems to payment channels, technology has streamlined the trucking business to the point of impacting the lives of its drivers. Technologies…
Grab Malaysia defends revamped delivery fee framework amid riders’ protest call
Grab Malaysia said that to strike a balance between all its stakeholders, the company constantly seek to review its policies to provide a fairer, more stable earnings to those who need it the most.
Singapore’s ComfortDelGro acquires Australian taxi operator A2B for $123M
Singapore-listed transportation firm ComfortDelGro Corporation Limited has on Friday announced that it has acquired taxi operator A2B Australia Limited (A2B)for AUD 182 million ($123.35 million). ComfortDelGro's wholly owned subsidiary ComfortDelGro Corporation Australia Pty Ltd has entered into a binding scheme implementation agreement (SIA) to acquire all…
The race to overcome barriers to EV adoption
The global enthusiasm towards #EVs is undeniable, with the #APAC region emerging as an important growth sector. While challenges persist, collaborative efforts and technological innovations in charging infrastructure, #grid stability, and R&D will pave the way for overcoming the barriers to #EV adoption.
Singapore’s Drive lah raises $5 million in funding led by ComfortDelGro
Singapore-based marketplace for car-sharing Drive lah has successfully secured a $5 million investment round. Singapore-based transport firm ComfortDelGro (CDG) has invested $2 million, establishing them as the lead investor for this round and the preferred fleet partner for Drive lah.
A sneak peek into the future of traffic jam reduction
Deep reinforcement learning is expected to advance 80 years of congestion modeling-based research. Scientists demonstrated in what is known as The MegaVander Test that connected autonomous vehicles (AVs) to function as mediators for mixed autonomic transportation with the aim to ease #traffic and conserve #energy.
This Korean startup aims to reduce truck accidents with its real-time truck tire profile direct sensing technology
According to Lee, BANF’s primary focal points encompass the US and China, both of which constitute the most sizable segments within the realm of ground logistics.
