Industry Information
Societies and national economics of almost every country are getting increasingly connected with each other. Transportation and logistics systems are the foundations for such globally connected enterprises and economies. The efficiency of these transportation and logistics systems are highly important factors regarding the competitiveness and profitability of a single product, a whole enterprise and even for an entire economy or country.
Singapore – Globally Connected
he World Bank ranked Singapore as the No. 7 Logistics Hub amongst 155 countries globally in the 2018 Logistics Performance Index. The Singapore Airport Terminal Services (SATS) was ranked as Air Cargo Terminal Operator of the Year, while PSA Singapore was named Container Terminal of the Year at the Supply Chain Asia (SCA) 2016 Awards.
Today, 20 of the top 25 global logistics players conduct their operations in Singapore. Most of them, like DHL, Kuehne + Nagel, Sankyu, Schenker, Toll, UPS and Yusen Logistics, have set up regional or global headquarter functions in Singapore. Singapore’s global connectivity is almost unrivalled. As one of the Asia’s largest cargo airports, Singapore’s Changi Airport is served by over 7,400 weekly flights connecting to 400 cities in 100 countries, handling close to 2.15 million tonnes of cargo. The country also boasts the world’s busiest transhipment hub, handling about one-seventh of the world’s container transhipments; more than 120 million TEUs of containers in 2018. Singapore is connected to more than 600 ports in 120 countries worldwide with more than 130,000 ships call annually. Our sea and air ports are readily accessible through a well-planned domestic road network, ensuring that companies based in Singapore are better positioned to serve customers and manage their operating entities, not just in Asia but globally.
This indicates that the demand for an efficiently structured and managed transportation and logistics system is growing continuously. This is especially so when Singapore is the leading aviation hub, a world class integrated chemical hub and has a robust electronics industry. All these require excellent transportation and logistics infrastructure which translates to a high demand for young professionals who are experts in managing, setting up and improving modern transportation and logistics systems that are bound to grow in the future.
TUM Asia’s strong connection with the key players such as DHL, DB Schenker, Pan Asia Logistics, LTA, PTV, SBS Transit, Systra MVA to name a few, implies great opportunities for our graduates in Master of Science in Rail, Transport and Logistics.
Singapore – Locally Connected
Singapore’s land constraints point to a necessary shift towards being car-lite and public transport friendly. Nearly 200 kilometres of track has been laid for Singapore’s rail infrastructure, connecting over 119 train stations on 5 Mass Rapid Transit (MRT) and 3 Light Rail Transit (LRT) lines. Daily, over 3.1 million trips are made across Singapore’s rail network. According to the 2015 Fact Sheet issued by the Ministry of Transport in Singapore, Singapore will have doubled her MRT network to 360 kilometers by year 2030, so that eight in 10 households will live within a 10-minute walk of a train station. The Ministry of Transport also outlines the following: by 2030, Singapore’s rail network will be as dense as, if not more dense than, cities like London, New York and Tokyo. It would have built it in just over 40 years, less than half of so of the other cities with a similar rail density.
The introduced Bus Service Enhancement Programme (BSEP) also serves as the framework to to provide commuters with better connectivity, more comfortable journeys, and shorter wait times. In addition, Integrated Transport Hubs (ITHs) at key heartland destinations will continuously be built. Commuters can now wait for buses in air-conditioned comfort and have direct access to amenities within the co-located mall. Other considerations such as bike-sharing services, better cycling paths that are inter-connected across the entire island and solutions to the first- and last-mile problems will be undertaken as well. This points to a need for trained professionals in the rail and transport industry, to continuously provide cutting-edge solutions to Singapore’s public transport systems.