Trade recovery bolsters growth for Swift Haulage

Swift Haulage’s 2Q24 revenue rose 4.7% to RM172.9mil from RM165.1mil in 2Q23.

PETALING JAYA: Swift Haulage Bhd expects the continued recovery in Malaysia’s trade performance to support its growth for the remaining part of this year.

The integrated logistics service provider said in its filings that it is experiencing growing demand for its warehousing services, noting its recent acquisition of a warehouse in Penang would provide the group an opportunity to expand its warehousing presence in the northern region of Malaysia.