Swift Haulage eyes bigger market share

TheStar Sat, Dec 18, 2021 08:30am - 2 years View Original


Speaking with StarBizWeek, chief executive officer Loo Yong Hui says Swift has started building the foundation for the last-mile delivery service.

BEING in a highly-fragmented industry, logistics player Swift Haulage Bhd has no choice but to increase its scale and operational efficiency to stay competitive in the market.

The group, which is backed by the Retirement Fund Inc (Kwap), calls itself a “dominant player” in the container haulage segment.

However, it only controls a 6.5% market share in Malaysia. This shows the intense market fragmentation, as many players are eyeing for a piece of the same pie.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

DKSH 4.810
ILB 0.650
MISC 7.830
PELIKAN 0.220
SWIFT 0.510
YINSON 2.380

Comments

Login to comment.