The Transport Ministry is now allowing transport companies to have greater flexibility in moving containers by allowing sister companies within the same group to interchange their prime movers and trailers in response to changing market demands.
To share the equipment, the parent company's equity holding in the subsidiary must be at least 51%, and the equipment must be registered with the Land Public Transport Agency in Peninsular Malaysia or with the respective Commercial Vehicles Licensing Board of Sabah or Sarawak. He added this policy will empower the logistics industry in order to optimise existing resources, especially in response to currently challenging economic conditions.
To date, there are 67,613 lorries carrying container cargo in Peninsular Malaysia, with another 7,278 and 1,467 in Sarawak and Sabah, respectively.
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