The freight forwarding industry in Malaysia plays a critical role in the country's logistics and supply chain sector, providing transportation and customs clearance services for various goods and products. In this article, we will explore the key statistics from 2022 for the industry, as well as the factors contributing to its growth and success, including government initiatives. We will also examine the industry's growth and comparison to previous years, key trends, challenges, and future outlook.
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QUANTERM LOGISTICS
178
+84 388 701 200 enquiry@quanterm.com
Quanterm Logistics was founded in June 1992, with our headquarters located at Shah Alam, Selangor and 4 local branches. We have started our business as International and Domestic LCL consolidator. We offer extensive services & total logistics solutions from SEA to AIR FCL and LCL, 3PL Warehousing & Distribution, Cross Border Trucking, Project Cargo, Pharmaceutical Logistics and etc. We are GDPMD and halal-certified logistic provider. As of today, we have expanded to 14 locations worldwide mainly in South East Asia and Australia with around 700 staffs who are highly committed to achieve the mission of the company and to serve our customers at the best level.
KGW LOGISTICS (M) SDN. BHD
48
+60 3-7842 8899 info@kgwlogistics.com
KGW Logistics (M) Sdn Bhd is a Malaysian based Third Party Logistics service (3PL) company offering a complete array of logistic services and solutions. As a Third Party Logistics service provider or 3PL, we offer multiple services that facilitate the movement of parts and materials from suppliers to manufacturers and finished products from manufacturers to distributors and retailers. These services include transportation, warehousing, and freight forwarding. After years of continuous growth, we are now acting as a major player in our line of business in Asia. Being an international logistics company, we have been moving ourselves from simply a traditional forwarding role into a provider of logistics & distribution services. Add to our combination of experienced people, competitive costing, operations infrastructure, geographic location and financial stability – we are able to provide our customers with the resources needed to become or remain leaders in their industries. Our c…
HARBOUR-LINK GROUP BERHAD
73
+60 6-764 6699 operation.btu@harbour.com.my
Harbour-Link Group Berhad is engaged in investment holding and provision of management services. The Companys segments include Shipping and marine services; Logistic services and equipment rental; Engineering works, and Property development. Other business activities include property rental, road safety and sales of pallets. It offers logistics services, such as land transportation, freight forwarding, warehousing, and equipment leasing and rental services; shipping and marine services, such as container liner service, shipping agencies, ship management and stevedoring services; project engineering and construction works, such as engineering, procurement, construction and commissioning (EPCC) works, and civil/infrastructure works; heavy lifting and heavy haulage services, such as heavy haulage, and heavy lifting and installation works, and property development, such as mixed development of residential, commercial and industrial buildings.
CJ CENTURY LOGISTICS HOLDINGS BERHAD
231
+60 3-3385 5999 couriercs@cjcentury.com
CJ Century is a leading provider of supply chain solutions. From a forwarding agent in the 1970s, the Group has since diversified into integrated logistics, oil logistics, procurement logistics as well as data management solutions. CJ Centurys unique model of value-added solutions encompasses warehousing and distribution services that can be scaled and customised to cater to the needs of customers based on the demands and delivery service requirements for their products. With the innovative solutions offered, CJ Century has evolved to managing the contract logistics of discerning clientele, where the value propositions are to improve operational efficiencies that positively enhance the clientele and their end customers.
METROPORT GROUP BERHAD
16
+60 3-3341 9628 info@metroport.com
Metroport Group Berhad, the holding company, is headquartered in Subang Jaya, Selangor. The main operational centres are located in Port Klang, Klang, KLIA-Sepang and Shah Alam. Nationwide branch offices are established in both the northern and southern regions of Penang and Johor, as well as in East Malaysia. Our presence in the local market is exceptionally strong, where we are the leader in door-to-door shipments to East Malaysia. Whether to Sabah, Sarawak or Brunei, we go above expectations in delivery via land, sea and air in door-to-door services and consolidation shipments. We place great emphasis on ensuring the best services and quality standards are achieved, which is why we have been trusted by clients such as Procter & Gamble (P&G), F&N and 7-Eleven in being their third-party logistics (3PL) provider. Globally, Metroports extensive network spans 5 continents and more than 70 countries, with over 320 international representatives. Our firm partnerships with overseas busi…
DONG YANG ELEVATOR (M) SDN BHD
37
+60 3-5131 5995 service@dongyang.com.my
Dong Yang Elevator (M) Sdn Bhd (600230-H) is a professional elevator/escalator company incorporated in Malaysia in 2002. Dong Yang Elevator (M) Sdn Bhd has a paid up capital of RM 1 million and has a trade facility of RM15 million to accommodate the sales & marketing activities. The main activities of the company are as follow: * Sales & Marketing * Supply and installation. * Testing & Commissioning * Providing maintenance services for the escalators and elevators. The management team comprises of managers and technical personnel who have been in the elevator industry for 10 to 30 years. As at to date, Dong Yang, Malaysia has been awarded with more than 1000 units of lifts and escalators. Among them are major projects developed by Dewan Bandaraya, Kuala Lumpur (DBKL) named DBKL Housing Projects in Desa Rejang which involved of total 38 units of VVVF Geared Lifts. Our company is registered with the local authorities that have jurisdiction over the installation and maintenance of lift…
MALAYSIA UNIVERSITY OF SCIENCE AND TECHNOLOGY
383
+60 3-6150 8177 enquiries@must.edu.my
The Malaysia University of Science and Technology was established with the assistance of the Massachusetts Institute of Technology (MIT), Cambridge, MA, USA, under the auspices of a collaborative agreement between MUST Ehsan Foundation of Malaysia and MIT by the fourth Prime Minister of Malaysia, Tun Dr.Mahathir Mohamad. Malaysia University is your pathway to world class degree programmes as they are personally designed for driven, ambitious and capable working professionals looking to achieve success in todays modern business world.
GAPIMA SDN BHD
48
+60 3-5103 5783 webmaster@gapima.com.my
GAPIMA offers the complete range of freight forwarding services to ensure that our customers cargo is delivered efficiently and safely. We customise delivery options based on cargo size and urgency because we believe in personalised service. Regardless whether it is a small hand-held item or a 100-tonne engine, we ensure that it gets delivered. Customer satisfaction is our priority.
GAC MALAYSIA
93
+65 6477 1400 fredrik.nystrom@gac.com
GAC Malaysia was established 1994 and employs 150+ experts across 11 physical offices covering most all of Malaysia. We deliver a wide range of integrated shipping, logistics and marine services to the energy and shipping industries. We serve specialised sectors and can offer all modes of air, ocean and land transport, customs services, consolidation and warehousing. We apply the highest standard of customer services to everything we do and aim to be industry leaders within all our services. GAC Malaysia is part of the global GAC Group, which is a privately-owned company, specialising in the delivery of high quality shipping, logistics and marine services to customers worldwide. Founded in 1956 it has over 7,500 professionals, operates 300 offices in more than 50 countries and works with trusted partners to cover over 1,000 locations worldwide.
Veloce Solutions Sdn Bhd is a local homegrown Malaysian company established in 2012. Veloce Solutions provides international, domestic courier services, break bulk express, warehousing fulfilment, freight solutions customized for corporate clients. Backed with more than 25 years of combined experience from its management team, Veloce Solutions aims to deliver service satisfaction in line with growing business needs With the extensive network in place via final mile collaboration with established providers, Veloce is well equipped to deliver the best delivery experience. The range of services offered by Veloce Solutions has been further diversified when it embarked itself in the B2C international courier business targeting e-commerce industry players. With emphasis on technology advancement, its information technology innovation and integration capabilities as a key enabler, Veloce Solutions is geared up to provide top notch ecommerce courier and hybrid delivery services to more than…
MULTI-TRANS SDN BHD
33
+60 9-583 3544 enquiries@multi-trans.com.my
WHERE IT ALL BEGAN Our inception in 1980 has led us to being a pioneer international freight forwarder in Malaysia. Currently we have seven branches nationwide with a workforce team of more than 250. With the wide range of services, Multi-Trans is certainly your ideal logistics partner capable of providing solutions tailored to customers needs and requirements. As a leading logistics service provider, we have our own fleet of vehicles, licenses and technological systems, handled by trained and experienced specialists and backed by long proven track records. We work with utmost integrity and reliability and we are committed to going the distance to serve you better. WHY MULTI-TRANS? Cost-effective As Multi-Trans owns a large fleet and various warehouse spaces, we have better control of our costs and services which translate to punctual deliveries, quality services and cost-savings. Hassle-free Our longstanding relationships with relevant parties and international networks enable…
JHC GROUP MALAYSIA
33
+60 16-306 3111 enquiryint@jhc-group.com
Malaysia based logistics company, our people-centred philosophy is fundamental to why efficiency is such a big part of the JHC culture. In our organization, efficiency simply means not wasting anyones time. We are dedicated to providing our clients and all our stakeholders a worthwhile and rewarding experience with JHC. As such, our every effort focuses on making sure your interests and time are valued.
BERSATU INTEGRATED LOGISTICS SDN BHD
83
+60 3-3176 9307 enquiry@bersatu.com.my
Born in 1982, Bersatu is one of Malaysias leading total logistics solution provider! Your one stop shop for all your logistics needs, Bersatu Integrated Logistics is capable of handling any type of consignment anywhere in the world! We append our services list as below. Ocean Freight RORO (Roll On Roll Off) Risk Management Packing / Repacking Haulage Transportation & Distribution Services Air Cargo Warehousing Less-than-Container Load (LCL) Custom Clearance
TELEPORT
483
(blank) solutions@teleport.asia
Optimising air logistics to save businesses time, money and effort since 2018. Our goal? To move things across Southeast Asia better than anyone else. Frost & Sullivan Southeast Asia Entrepreneurial Company of 2020
HOOR FATT ENTERPRISE SDN. BHD.
18
+60 7-590 9025 sales@hoorfatt.com
A Malaysia based logistics company which specialize in transportation services, warehousing management, custom clearance, supply chain management.
LIMA BINTANG LOGISTICS SDN BHD
112
+60 7-353 7242 marketing@lblgh.com
Lima Bintang Logisticss offered integrated logistics services to our customers mainly from oil & gas as well as energy sector. LBL is committed to provide high quality and HSE logistics services to our customer. We operate in major logistics hub and supply bases across Singapore, Johor, Port Klang, Kemaman, Bukit Kayu Hitam , East Malaysia and Thailand. Our specialize service including LMW and customs compliance consultancy, project cargo logistics management, bonded warehouse storage, offshore & marine logistics, chemical logistics and distribution.
PKT LOGISTICS GROUP SDN BHD
466
+60 3-5161 6662 tour@pktgroup.com
PKT is a socially responsible company providing logistics services by utilizing local human resources, building environmentally friendly warehouses, open engagement with the communities, inspire other businesses to provide positive impact to people and communities through its activities. Our Tagline: We serve...with passion
MEGA FORTRIS GROUP OF COMPANIES
108
+60 3-5122 6118 sales.malaysia@megafortris.com
Established in 1996, the Mega Fortris Group of Companies is a leading manufacturer and specialized designer of security seals, tamper-evident products and complete solutions for securing goods in transit. Here, we design, innovate, manufacture and supply high-quality, tamper-evident security seals, products and solutions to customers internationally, including industry leaders in freight and transportation, oil and gas, banking and cash-in-transit, postal services, defense, utilities, hospitality and leisure, information and communications technology and many more. We provide a full range of fortified ISO 17712, C-TPAT compliant high security seals and other tamper-evident products and services at very competitive prices, which has led us to become the preferred supplier for many leading companies around the world. Our products include: • High security seals, • Semi-barrier security seals, • Indicative seals, • Tamper-evident labels and bags, and • Total end-to-end journey and ass…
PHILI-ORIENT GROUP OF COMPANIES
70
+60 4-646 4337 enquiries@pol-group.com
Incorporated in Malaysia in 1989, renowned as a home-grown freight forwarder, Phili-Orient Group has established itself as one of the leading one-stop logistics providers in the nation. With the experience of more than 30 years in this industry, POL Group has more than 150 workforces throughout Malaysia specialized in total logistics solutions integrating superior air, ocean, and land capabilities with innovative systems for better management of full range global logistics needs.
FM GLOBAL LOGISTICS
431
+60 12-799 6152 pdpa@fmgloballogistics.com
With over 30 years of experience in the logistics industry, FM GLOBAL LOGISTICS is a total logistics service provider offering logistics solutions that includes Sea Freight (FCL & LCL), Air Freight, Haulage and Land Transportation, Customs Brokerage, Warehousing and various other services FM Global Logistics was founded in 1988 as Freight Management. The holding arm of the Group, Freight Management Holdings Bhd, was listed on Bursa Malaysia in February, 2005. Over the years, we have gained the capability and experience to provide the best for our customers. We aim to provide our logistic solutions in the quickest and most cost-efficient manner possible. We are able to offer innovative supply chain solutions that include sea, land, air, warehousing and eCommerce services. As a one-stop logistic solutions provider, we are able to offer our reliable and efficient freight services in 127 countries worldwide.
Top Freight Forwarding Companies in Malaysia
Key Statistics from 2022:
The freight forwarding industry has also witnessed steady growth in recent years, with total revenue in the sector reaching RM 43.2 billion in 2022. This represents a 7% increase compared to the previous year's revenue of RM 40.3 billion. The industry's contribution to the country's GDP has also increased, with the sector now accounting for 3.5% of Malaysia's total GDP. The industry employed over 50,000 people as of 2022.
Factors Contributing to Growth and Success:
Several factors have contributed to the freight forwarding industry's growth and success in Malaysia. One of the key drivers of growth has been the government's investments in infrastructure, such as ports and airports, which have improved the efficiency and speed of transportation and logistics.
The government has also implemented policies to encourage the growth of the freight forwarding industry, providing financial assistance and other incentives to local companies. This has resulted in the establishment of several local companies, which have helped to boost the industry's growth and competitiveness.
Industry Growth and Comparison to Previous Years:
The freight forwarding industry in Malaysia has been growing steadily in recent years, with a compound annual growth rate of 6% from 2017 to 2022. The industry can be divided into several segments, including air freight, sea freight, and land freight. The sea freight segment is the largest of the segments, accounting for over 50% of total revenue in 2022.
Compared to the previous year, the industry's overall revenue grew by 7% in 2022. The sea freight segment witnessed the highest growth, with revenue increasing by 8%, while the air freight and land freight segments grew by 7% and 5%, respectively.
Key Trends:
Technological disruptions have been a major trend in the freight forwarding industry in Malaysia, with many companies adopting digital solutions to improve their operations and customer engagement. For example, many companies have implemented transportation management systems, enabling them to track shipments and streamline their operations. Others have invested in automation and robotics technologies to improve their efficiency and reduce labor costs.
Another trend in the industry is the growing demand for eco-friendly and sustainable transportation solutions. This trend is being driven by increasing consumer awareness of the environmental impact of traditional transportation methods, and many companies are responding by offering new services, such as low-emission vehicles and green packaging solutions.
Challenges:
Despite the industry's positive growth and outlook, there are several challenges that could impact its future performance. One of the major challenges is the potential impact of rising fuel prices and other operational costs, which could limit the industry's profitability and growth. Additionally, the shortage of skilled workers in the logistics and transportation sector could limit the industry's ability to innovate and expand its operations.
Another challenge is the potential impact of changing global trade policies and regulations, which could impact the industry's ability to transport goods and comply with regulations in different countries.
Future Outlook:
However, the industry's future outlook remains positive, with several factors indicating continued growth and success. The government's continued support for the industry, through investments in infrastructure and financial assistance for local companies, is expected to boost the industry's growth and competitiveness. Furthermore, the growth of e-commerce and the increasing demand for online shopping presents an opportunity for the industry to diversify and cater to a wider range of customer needs. This could help to attract new customers and improve the industry's revenue.
Conclusion:
In conclusion, the freight forwarding industry in Malaysia has been experiencing steady growth in recent years, with key statistics from 2022 indicating a positive outlook for the sector. Government initiatives, such as investments in infrastructure and financial assistance for local companies, have been key drivers of growth and competitiveness in the industry.
Technological disruptions and the growing demand for eco-friendly and sustainable transportation solutions are among the key trends in the industry, presenting opportunities for companies to improve their operations and offer new products and services.
While challenges such as rising operational costs and changing global trade policies and regulations remain a concern, the industry's future outlook remains positive, with continued support from the government and opportunities for growth and diversification. The freight forwarding industry is expected to continue to grow in Malaysia, as more businesses look for reliable and efficient transportation services and as the industry continues to innovate and develop new solutions to meet customer needs.