Transport & Logistics
Yuexiu Transport’s 2024 profits down 14.2% on toll collection right expiration
Yuexiu Transport’s 2024 profits down 14.2% on toll collection right expiration
The final dividend is HK$0.13 per share.
‘Ding Dings’ need to travel faster and more frequently
Tram ridership is still 15% below 2018 levels, according to its operator.
BYD raises $43.5b to fund expansion, R&D
Net proceeds are estimated at $43.38b.
Selected operators to commence taxi fleet service
The selected operators comprise three urban fleets and two mixed fleets.
Govt receives 27 bids for smart and green mass transit project
Contracts will be awarded in 2027.
Gov’t mandates new child safety rule in private cars
The rule will be effective from 1 November.
HK Tramways eyes higher rates
This is to sustain operational viability.
Hong Kong’s logistics rents dip by 3.2% YoY in 2024
It declined by 1.9% in the second half of the year.
Public vote for HK's quality taxi drivers opens
The public can vote online or by scanning the QR code on promotional materials until 31 May.
Paving the way for a more integrated and efficient mobility future in Hong Kong
Hong Kong is renowned for its convenient and diversified public transport system, yet the system is still navigating a complex landscape filled with...
Industrial lease renewals to dominate in H2 2025: report
Lease renewals dominated leasing activity in Q4 2024.
Transport Department adds AlipayHK to fare subsidy scheme
Single journey fares paid with AlipayHK will be recorded in the AlipayHK account.
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.
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