Heavy Vehicle Parking in Singapore
Heavy vehicle parking in Singapore is highly limited due to land constraints. In Singapore, companies are required to purchase Vehicle Parking Certificates (VPCs) in order to own a heavy vehicle. There are 4 main types of goods vehicles: Light Goods Vehicles (LGVs) are vehicles with maximum laden weight (MLW) of up to 3,500kg. Heavy Goods […]
Trucking Costs in Singapore
It is not easy operating a trucking business in Singapore. Aside from the legal procedures of starting a business in Singapore, hauliers also need to consider the costs in starting or operating a trucking business. Typically, costs to operate a trucking business are split into 4 main categories: Vehicle-related costs Industry-specific costs Labour costs Facility […]
How will the coronavirus affect industries?
Background on the Virus A new strain of coronavirus has infected thousands in China and other countries including the US, Singapore, Australia and France. The death toll has recently exceeded more than two hundred and experts fear that this may lead to a global pandemic. Closely related to the Severe Acute Respiratory Syndrome (SARS), the […]
What is loose cargo and what are the suitable trailers for them?
What is Loose Cargo? Loose cargo are cargoes that do not require packaging and/or their dimensions do not allow for containerization. Most loose cargo are transported on land through the use of flat bed trailers or other specialized trailers. Loose cargo are commonly mistaken for less-than-container load (LCL) cargoes. The difference is that LCLs are […]
How will the Chinese New Year affect the logistics industry?
The link between Chinese New Year and your business Ah, Chinese New Year. The holiday that is observed by almost a quarter of the world’s population. However, if you’re part of the other 75%, the festivities would most probably go by without you noticing. Businesses that rely on import and export, to and from China […]
IMO2020 & Its Impacts
What is IMO2020? The International Maritime Organisation (IMO), the United Nations body responsible for the shipping sector’s safety and environmental performance, aims to cut maximum sulfur emission from 3.5% m/m (mass by mass) to 0.5% m/m starting in January 2020 – hence the name “IMO2020”. Under the new global cap, sea-going vessels worldwide will have […]