Transportation Archives - Lanka Business News

EditorJanuary 17, 2018
Hyundai-Motor-Company.jpg

3min260

Hyundai Motor Company, South Korea’s largest automaker, and Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, announced a strategic partnership that will expand Hyundai’s innovative future mobility services in Southeast Asia.

The strategic partnership will help Hyundai explore new opportunities in the sharing economy and enhance its capability to lead future mobility in one of the world’s fastest-growing markets, Southeast Asia.

The two companies will jointly explore ways to develop and provide innovative services to Southeast Asian customers, including a new mobility service platform that will utilize Hyundai’s eco-friendly models such as the IONIQ Electric.

“Hyundai’s strategic investment in Grab marks the beginning of an exciting new partnership between the two parties, bringing Hyundai one step closer to realizing its vision for future mobility. Grab’s expertise in the Southeast Asian market coupled with Hyundai’s eco-vehicle leadership will bring innovative services to customers,’’ said Dr. Young Cho Chi, Chief Innovation Officer and head of Strategy & Technology Division, which was established last year to spearhead Hyundai’s future innovation. “We will continue expanding collaboration with leading mobility service providers in the world.”

Grab’s Series G financing marks the company’s latest and largest fundraising round and significant investors including Didi Chuxing, SoftBank and Toyota Tsusho have participated in the funding together with Hyundai.

“As we move into the next stage of Grab’s growth, we look forward to collaborating closely with Hyundai to continue innovating new mobility solutions for Southeast Asia. We are pleased to welcome Hyundai to our global network of strategic partners, and we are confident that we have an alliance of strong partners to push forward into Grab’s next phase of long-term growth,” said Anthony Tan, Group CEO and Co-founder of Grab.

Focusing on its ‘open innovation’ spirit, Hyundai has been bolstering its efforts to transform people’s lives with disruptive technologies and services that materialize its visions for future mobility – clean, connected and freedom in mobility. Enhancements in mobility services include car-sharing, -hailing and –pooling, all of which benefit users by freeing them from existing mobility limitations.

Grab operates the largest transportation network in Southeast Asia and is one of the most frequently used mobile platforms in the region with over 3.5 million daily rides. The Grab app has been downloaded onto over 77 million mobile devices, giving passengers access to the region’s largest land transportation fleet comprising over 2.3 million drivers. Grab now offers private car, motorbike, taxi, and carpooling services across 8 countries and 168 cities in Southeast Asia.


EditorJanuary 17, 2018
Ultimate-MW-3.jpg

4min240

Introducing a novel service concept to the Sri Lankan market, fully integrated auto-care specialists Ultimate Motorworks announced the launch of its first fully-integrated showroom, repair and spare-parts workshop situated at Gangarama Road (Borupana Road), Boralesgamuwa.

Purpose designed and fully-equipped to cater to every repair or service requirement of premium vehicles – both in terms of luxury and high-performance vehicles – Ultimate Motorworks’ new showroom is part of a strategy that prioritizes the delivery of best quality services at a reasonable price.

As a result, the multi-brand professional automobile organization now offers a complete set of services ranging from auto-care and mechanical repair and services to state-of-the-art body repairs, a high quality paint shop, and car detailing services. Ultimate Motorworks’ new facility also includes a genuine spare parts store that can accommodate the needs of a wide variety of vehicles including European and other high-end models.

“Sri Lanka is certainly a very tough and highly competitive market, however there tends to be a lack of diversity in the auto-repair segment, with most only specializing in one vertical. This is where Ultimate Motorworks stands apart from the competition. In addition to offering a complete suite of hassle-free repair services, we also offer a fully-stocked spare parts store that is able to cater to the widest variety of leading automotive brands.

“This integrated concept offers greater convenience to the customer since we are able to offer services to suit any automotive brand. It also allows for faster turn-around time since we have everything required to complete a repair or service within the same premises.

“Combined with a strong focus on customer service, we are confident that Ultimate Motorworks will be able to build trust and develop lasting relationships with all of our valued customers,” Ultimate Motorworks Director Technical & Operations, Upendra Palugaswewa stated.

Ultimate Motorworks’ new workshop includes 10 working bays, enabling multiple operations to be undertaken simultaneously, in order to further enhance turn-around time while offering an experience that is as painless and convenient as possible for the customer.

Rounding out the vertically integrated operations of Ultimate Motorworks is the company’s pristine showroom that showcases some of the very latest Brand-new vehicles, in addition to a host of pre-owned cars offered at competitive prices.

In that regard, Ultimate Motorworks Director Sales & Business Development, Pratheepan Ramanathan, added that the company also undertakes orders for import on request by customers, including personalized options for vehicles imported from Europe and Japan from reputed and reliable vehicle suppliers, while all cars sold by Ultimate will be backed by an in-house warranty.

Operated under the stringent oversight of Ultimate Motorworks’ professionally qualified senior management team – all of whom have gathered extensive qualifications and experience in the automobile trade at reputed automobile agents of world class brands both in Sri Lanka and internationally, Ultimate Motorworks hopes to fulfill the diverse and individual mobility needs of their customers.


EditorJanuary 17, 2018
Emirates-Airbus-A380.jpg

2min370

Emirates is making it even more attractive for travellers from Sri Lanka to enjoy new destinations and experiences in 2018. For a limited time, travellers can avail of special offers on Economy and Business class fares to a wide range of cities across the globe.

Bookings have to be made between 16th and 29th January, for travel commencing before 30th November 2018, the award-winning airline said.

All-inclusive Economy Class fares from Colombo start at Rs 29,704/- to Male, Rs 33,961/- to Singapore, Rs 50,246/- to Dubai, Rs 99,462/- to Melbourne, Rs 108,740/- to London and Rs 122,677/- to Milan and encompass many other destinations in Europe and USA.

All-inclusive Business Class fares from Colombo start at Rs 89,961/- to Singapore and Rs 164,246/- to Dubai.

“This is a great opportunity to lock in the cost of overseas travel for the rest of the year, with an airline that is a quality benchmark in the industry,” said Mr Chandana de Silva, Emirates Area Manager for Sri Lanka & Maldives. “No other airline serving Colombo can offer as many frequencies and convenient connections to Europe or USA.”

For more information on Emirates, including how to book flights and a complete list of terms and conditions, contact your travel agent or visit www.emirates.com/lk


EditorJanuary 9, 2018
PHOTO-03-INDIGO.jpg

4min460

Colombo, January 08, 2018: In its endeavour to expand and strengthen its growing network, IndiGo, India’s largest and fastest growing low-cost carrier, today shared its operational plans from Colombo. With daily direct flights from Chennai and Bengaluru, Colombo will become IndiGo’s 8th international and 49th overall destination effective January 20, 2018.

With these new flights IndiGo will also offer convenient connections to & from Delhi, Hyderabad, Kolkata, Mumbai & other major Indian cities. Both corporate and leisure passengers travelling to and from Colombo will get the opportunity to experience on-time, affordable and a hassle-free travel experience that IndiGo is synonymous with. These new flights will further consolidate IndiGo’s position as the fastest growing airline in India with over 150 Airbus A320 and three ATR aircraft strong fleet, operating over 1000 daily flights, connecting 49 destinations w.e.f January 20, 2018.

Addressing the media gathering, Mr. Sanjay Kumar, Chief Commercial Officer, IndiGo said, “It gives us immense pleasure to add Colombo to our growing network, which will not only help us cater to the growing tourist potential of the city, but also provide affordable travel options to the Indian workforce who can now look forward to visiting the city more frequently. We are hopeful that these new flights will provide affordable and unmatchable travel experience to our passengers across the country and beyond.” “We are also delighted to partner with Hemas as our GSA partner in Sri Lanka for our sales & distribution services,” he added further.

Mr. Malinga Arsakularatne, Managing Director of Hemas Leisure Travel Aviation Group added, “We welcome IndiGo to Sri Lanka and it is indeed our great pleasure to embark on this exciting partnership. We are confident that the team at Hemas Aviation would deliver the growth ambitions of the airline. We look forward to a long-lasting and a win-win relationship with IndiGo.

The new flight schedule is as follows:

 

Flight No Departure Dept Time Arrival Arrv Time W.E.F.
6E  1201 Chennai 6:55 Colombo 8:15 20-Jan-18
6E  1202 Colombo 9:15 Chennai 11:00 20-Jan-18
6E  1203 Chennai 12:00 Colombo 13:25 20-Jan-18
6E  1206 Colombo 14:25 Bengaluru 15:55 20-Jan-18
6E  1205 Bengaluru 18:00 Colombo 19:30 20-Jan-18
6E  1204 Colombo 20:30 Chennai 21:55 20-Jan-18

 


EditorJanuary 8, 2018
efl.jpg

3min350

Leading global logistics provider, Expolanka Freight (EFL) once again set a new industry benchmark with the obtaining of ISO 14064 certification for the second consecutive year in recognition of its outstanding efforts in recording, monitoring and reducing greenhouse gas emissions across its entire scope of operations.

EFL’s ISO 14064 certification further consolidates the company’s position as a leader in the field of sustainability within the logistics sector, having been the first logistics service provider (LSP) in Sri Lanka to have obtained ISO status in 2016.

“EFL’s success in once again obtaining ISO 14064 certification stands as further evidence of our firm commitment to driving sustainable business practices across the entire scope of our operations. Our certification further cements EFL’s place as a true leader in sustainability,” Jagath Pathirana – Chief Administration Officer Expolanka Holdings PLC said.

In total, EFL recorded GHG emissions of 7314.63 tCO2e across all its 10 operational locations across the country during the fiscal year ended March 2017. Primary contributors to this value were Hired Vehicles, Company Owned Vehicles, and Leased Vehicles for Cargo Warehousing and Trucking Purposes, which were 72.3%, 5.5% and 2.3% of the total emissions respectively. In total, this accounts for 80.1% of the total GHG emissions of the company.

“Given that our industry tends to have a larger carbon footprint that others in the service sector, we are pleased to report that EFL has continued to make progress in terms of reducing its emissions over the past year. These efforts are reflected in a reduction of Scope 1 emissions by 73.03 tCO2e while emissions generated from purchased electricity was reduced by 192.60 tCO2e reflecting the growing contributions of our investment into solar power at the EFL campus.

“Moving forward, we will endeavor to maintain and further improve on these impressive achievements, as part of an overarching strategy to encourage and foster sustainable practices such as the formulation of Carbon Management Plans and stringent carbon accounting across the entire freight and logistics sector,” Jagath added.

The EFL Campus location has been successfully generating electricity using solar power since it was first established in September 2016. Solar energy generation during the period from September 2016 to March 2017 stood at 460,256 kWh in turn enabling emissions reductions of 171.17 tCO2e during the assessment period.



About us

Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.





Contact Us

229, Cotta Road, Borella, Colombo 08, Sri Lanka

editor@lankabusinessnews.com

+94 (0)11 448 7676

Newsletter