Yang Kee Logistics to buy New Zealand company for $52.1m in second major acquisition

SINGAPORE - Home-grown logistics company Yang Kee Logistics plans to acquire New Zealand Exchange mainboard-listed Fliway Group for S$52.1 million.

‘China is a big place... the cake is big, so we can share’

A savvy businessman would have spotted the Chongqing Connectivity Initiative coming a long way off, according to one industrial property player whose company has jumped into the Chinese market....

Logistics start-up Lalamove raises US$100 million for growth

SINGAPORE - Hong Kong-based logistics start-up Lalamove, which has a presence in Singapore, has raised US$100 million in its latest funding round.

Family-run logistics business stresses service amid labour, tech challenges

HUB Distributors Services' tagline "We Believe in Service" may seem like an ordinary marketing catchphrase, but the owners of the company say that building a good relationship with their customers...

Logistics firm open to mid-career professionals, newbies

Former civil servant and risk analyst Chen Zhirong took a while to find his way to the logistics sector, but eventually landed in global supply chain logistics company Yang Kee Logistics in May...

Government commits $2.8m to groom start-ups, talent in supply chain and logistics

SINGAPORE - Government agencies Spring Singapore and Workforce Singapore (WSG) have put aside S$2.8 million to groom the next generation of start-ups in supply chain and logistics, and develop...

Dropout seizes tech advantage, starts logistics firm

When online retail giant Amazon's Prime Now service landed in Singapore last month, it picked home-grown logistics firm Riverwood as its main delivery company.

Logistics sector pooling resources to upgrade, innovate

A centralised, real-time system to track container trucks islandwide would be a boon for the logistics sector - and it could come the Republic's way in two years' time.

Guangxi, S'pore tie-ups to open trade route to Asean

Southern China's Guangxi region offers significant trade opportunities, Senior Minister of State for Trade and Industry Koh Poh Koon said yesterday.

Service sector continues to adapt amid uncertainty

The outlook for the service sector - a crucial powerhouse of the local economy - remains uncertain in the second half of the year.