Transport & Logistics

Bus fare increases to be implemented on 5 January

Fare increase is expected to be $1 or less per trip for the majority of passengers.

Customs, FedEx ink MOU to streamline cargo clearance

It aims to improve customs clearance efficiency for cross-border shipments.

Gov’t sets new rules on merchant shipping fees

Shipping companies may get a refund if they have registered more than one eligible ship.

China Resources and Transportation Group posts $2.05b net profit in FY2024

This was primarily driven by a $2.43b gain on debt restructuring.

Gov’t to subsidise procurement of 3,600 EVs

It will also provide at least 500 fast chargers throughout HK by the end of 2027.

Less containers, ocean vessel arrivals in Q3

The port handled 3.41 million TEUs of containers during the quarter.

Tuen Mun - Chek Lap Kok Link delay causes additional $1b cost

The delay was primarily due to interfacing issues and unsatisfactory reclamation works.

Transport receipts drop 12% in 2023

On a per establishment basis, receipts dropped 13.8% to $24.2m.

HK, Shenzhen tackle cross-boundary railway co-operation

Both sides have agreed to jointly set up an office for implementing cross-boundary railway projects.

Gov’t implements real-name registration to combat $2 scheme abuse

Nearly 10,000 were fined for attempting to abuse the scheme.

MTR Corp. loses Elizabeth Line contract

It will be taken over by GTS Rail Operations Limited.

Uber launches Uber for Teens and UberXXL in HK

Uber for Teens will be available starting 27 November.

Gov't receives 35 EOIs for eco-transit project in East Kowloon

It aims to invite tenders in 2026 and award contracts in 2027.

Mobile Shop partners with Zand Bank for transport innovation

The two will deliver transport solutions via CabCab.