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Swift Haulage sees warehousing revenue contribution increasing to 25% in next three years
PORT KLANG (Feb 20): Swift Haulage Bhd is expecting its warehousing business to grow further to contribute up to 25% of its total revenue in the next three to five years, from 15% currently, as the country’s largest haulage operator expands its warehousing capacity on the back of strong demand for such services. This…
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Anthony Loke: Sustainable, environmentally-friendly vehicles set to transform logistics sector
KUALA LUMPUR, Oct 16 — The adoption of sustainable and environmentally-friendly vehicles such as electric prime movers are set to transform the logistics sector, creating a new market for logistic solutions. Transport Minister Anthony Loke said right now, many multinational companies are very concerned about environmental, social and corporate governance (ESG). “As such,…
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Swift Launches Green Logistics Division and Delivers Malaysia’s First Electric Prime Movers to Unilever Malaysia at MITEC, AmBank Finances Landmark Deal
KUALA LUMPUR, 17 OCTOBER 2023 – SWIFT HAULAGE BERHAD (“Swift” or “Swift Group”), Malaysia’s largest haulier and leading integrated logistics service provider, announced the official launch of its Green Logistics division at a landmark event held at the Malaysia International Trade and Exhibition Centre (“MITEC”). The launch signified a significant step by Swift towards sustainable…
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Swift Haulage shares surge 8% in early trade ahead of emergence of Thai logistics group SJWD as substantial shareholder
KUALA LUMPUR (Feb 6): Shares of container haulage company Swift Haulage Bhd soared as much as 8.3% to hit its intraday high of 58.5 sen in the morning session on Tuesday, following news that Thailand-listed SCGJWD Logistics PCL (SJWD) will emerge as a substantial shareholder with 20.44% equity interest. SJWD, via its wholly owned…