Swift Haulage to go big into green warehousing

Loo expects a pick up in financial performance in the second half of FY23.

ONCE known as the loss-making haulage arm of Yinson Holdings Bhd, Swift Haulage Bhd has undergone spectacular growth in the past decade.

It has become Malaysia’s largest haulier with a market share of close to 10% and, according to Kenanga Research, Swift enjoys a “superior” pre-tax profit margin of about 10% compared with the industry average of 4%.