It may seem that logistics companies are enjoying a brisk spike in business during the movement control order (MCO) period, particularly those involved in last mile delivery - but that does not seem to be the case.
GD Express Carrier Bhd (GDEX) managing director and group CEO Teong Teck Lean notes that there had been high growth in shipments of surgical face masks and vitamin supplements throughout the MCO period, but there was a slowdown in shipments for other goods during the first week.
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