Tiong Nam ready to capitalise on demand for warehousing services

KUALA LUMPUR: Tiong Nam Logistics Holdings Bhd could have the jump on an expected increase in demand for warehousing services in 2022 as the construction and planning of the group's new warehouses, especially in Johor, are already underway.

In a report, TA Securities Research said the group could capitalise on a warehousing shortage next year as companies embark on more aggressive inventory management to counter global supply chain disruptions and a shortage of containers in the region.