Swift Haulage poised for ‘momentous’ growth, say analysts FMTNews FMTBusiness
Swift Haulage Bhd is a transportation and logistics company operating e-fulfillment services, automotive warehousing and a trucking arm with more than 1,500 prime movers.
Swift is a transportation and logistics company operating e-fulfillment services, automotive warehousing and a trucking arm with more than 1,500 prime movers. It commands a leading 10% share in the haulage market. The main customers for their automotive warehouse and storage yard are Sime Darby, Auto Bavaria and BMW Malaysia which distribute BMW, MINI, BYD, Hyundai, Land Rover and Porsche vehicles.
Key risks to the calls include a sustained high fuel cost, delays in its primary warehousing expansion plan, and weaker than expected gateway port throughput.At the end of last year, Swift expanded its capacity by 42% in the number of warehouses owned and operated.
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