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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Transport Ministry gives nod to sharing of prime movers, trailers within group of companies | Malay MailPUTRAJAYA, Sept 6 — The Transport Ministry (MOT) has allowed the use of prime movers and trailers shared under a single group of companies as part of its commitment to improving the logistic industry through greater efficiency and competitiveness. In a statement today, MOT said the policy, among...
Source: malaymail - 🏆 1. / 86 Read more »
Transport Ministry to announce solutions to issues affecting express bus companies, driving institutes soon, says Dr WeePUTRAJAYA: Solutions to issues affecting driving institutes and express bus companies will be announced soon, says Datuk Seri Dr Wee Ka Siong. Labu..Labu..ada apa2 tak wakil RAKYAT pengangkutan ni lakukan untuk KURANGKAN BEBANAN RAKYAT¿? Macam tak ada BANTUAN pun..buat lah BANTUAN seperti kurangkan cukai jalan,cukai kenderaan,lesen memandu...itu baru namanya wakil RAKYAT..kalau tak..tak guna jadi wakil RAKYAT.. Ya lah.. Cabotage
Source: staronline - 🏆 4. / 75 Read more »
MOT to consult other ministries over express bus companies, driving schoolsMinister says he received proposals from the industry players. Hello this is not news la .. u must be doing this and once u have a public policy u shud announce .. don’t take 100days ya .. Consult what? Bus express won't be able to operate if people can't cross border la wey. Try to act busy for your 100 days probation is it?
Source: malaysiakini - 🏆 20. / 51 Read more »