Better margins expected for Swift Haulage

Kenanga Research and MIDF Research are maintaining “outperform” or “buy” calls on the logistics services group.

PETALING JAYA: Analysts are maintaining their bright outlook on Swift Haulage Bhd, underpinned by indications of better margins going forward and an expected improvement in its warehouse utilisation for the coming quarters.

On top of those factors, an increasingly robust land transportation business is also seen as a further boost to the logistics group.