KUALA LUMPUR, October 16, 2023 -- The adoption of sustainable and environmentally-friendly vehicles such as electric prime movers are set to transform the logistics sector, creating a new market for logistic solutions.
Transport Minister Anthony Loke said right now, many multinational companies are very concerned about environmental, social and corporate governance (ESG).
“As such, we must be able to offer services that can help them lower their carbon footprint so that our country will be more competitive and able to attract more investments,” he told reporters at the launch of Malaysia’s and Asia’s first electric prime mover here today by Swift Haulage Bhd (Swift).
Questions around this news
What did Swift Haulage announce at the electric prime mover launch?
At the event in Kuala Lumpur, Swift launched a Green Logistics division and delivered its first electric prime movers to Unilever Malaysia. Transport Minister Anthony Loke described the vehicles as Malaysia’s and Asia’s first electric prime movers. The release says they were manufactured by Volvo.
What is Swift Haulage’s plan for purchasing electric trucks?
Transport Minister Anthony Loke said Swift had committed to purchasing only electric vehicle trucks from 2030 onwards. The release characterizes this as a step toward more sustainable logistics, but does not provide further details about the timing or scale of the transition.
What is an electric prime mover?
A prime mover is a heavy-duty truck unit designed to tow a trailer or other freight load. An electric prime mover uses an electric motor and battery for propulsion rather than a conventional internal-combustion engine. Such vehicles can be used to move goods within logistics networks.
What does ESG mean in logistics?
ESG stands for environmental, social and governance considerations. In logistics, these can include the environmental effects of transporting goods, how workers and communities are treated, and the policies and oversight used to manage a business. Companies may consider ESG factors when assessing suppliers and supply chains.
Loke said Swift, the country’s largest haulier and leading integrated logistics service provider is the first logistics player to adopt electric prime movers, setting a new standard for sustainability and environmental responsibility in their supply chain.
“This is not just a technological advancement but a testament to Swift’s unwavering dedication to making a positive impact on our environment,” he said.
Loke also commended Swift’s commitment to only purchasing electric vehicle trucks from 2030 onwards, marking a clear and ambitious step toward a more sustainable future.
At the event, Swift launched its Green Logistics division and delivered the first electric prime movers to Unilever Malaysia.
The vehicles were manufactured by Volvo, a company renowned for its innovation and commitment to eco-friendly transportation solutions. — Bernama
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At a glance
- Company
- Swift Haulage Bhd
- Announcement
- Product
- Location
- Kuala Lumpur, Malaysia
People
- Anthony LokeTransport Minister
