Logistics & transportation

transportation_shipment_shipping_transit_transport_complex_white - Copy.pngTo meet the growing and ever-changing demands of the supply chain as well as technological advances in the sector, logistics service providers have to adapt quickly. The need to embrace new business strategies and align themselves with the government’s Logistics Industry Transformation Map is crucial to carve out new avenues of profits as well as retain their competitive edge.

As logistics providers expand internationally, we help them explore new ventures with the support of our global network of experts, ensuring that they are in good hands.
From helping to achieve growth strategies, optimise opportunities and improve performance to keeping back-office functions greased and running smoothly, clients rely on our technical expertise, industry knowledge and rich experience to ease the increasing pressures they face.

The Green Impact on Logistics and Transportation

Whilst the environmental impact of COVID-19 has yet to fully pan out, the tendency towards implementing green initiatives has grown in earnest over the last few years, with an increasing number of businesses across multiple industries getting in on the trend.  This is particularly evident in the logistics and transportation industry, in a bid to adopt more environmental-friendly practices. Land, air and sea transportations have also seen a rise in the use of compressed natural gas and liquefied petroleum gas (“LPG”) instead of conventional petroleum.

Logistics & Transportation − Unity + Resilience + Solidarity Budgets

Within a short few months, COVID-19 has spread exponentially round the world. Singapore Government in recognition of the severity of the impact of COVID-19 on businesses and workers has with quick successions announced two further stimulus packages following the main Unity Budget announcement on 18 February 2020. On 26 March 2020, the Resilience Budget was announced.

Cushioning the Impact of COVID-19 on The Logistics and Transportation Industry

The COVID-19 pandemic has thrown the world into a state of panic and uncertainty, affecting individuals and businesses to varying degrees. The logistics and transportation industry may have experienced exponential growth in global trade in previous decades, but COVID-19 has proven just how vulnerable global supply chains can be. In light of the pandemic, how can companies in the logistics and transportation industry cushion the blow and better prepare for the future?

GST pain points for shipping

Considering the voluminous transactions, varying shipping arrangements, counterparties involved and continuously evolving business climate, GST-registered shipping businesses that manage GST risk on a broad level could face a mismatch in expectations against that of the GST authorities.