KUALA LUMPUR, July 20, 2023 -- Swift Haulage Bhd said its associate company, Hypercold Logistics Sdn Bhd, launched the largest cold chain hub in Kota Kinabalu on Thursday (July 20) to serve a wider coverage area in Sabah.
The hub is strategically located in the Kota Kinabalu Industrial Park, and will serve Kota Kinabalu, Sandakan, Lahad Datu, Tawau, Labuan, Beaufort, Sipitang, Tenom, Keningau, and Kudat, said the leading haulier and integrated logistics service provider.
“When the expansion is fully completed in November 2023, the hub will have a capacity of 6,389 pallets — making it the largest in Sabah,” said Swift in a statement.
The expansion in capacity will also be supported by a fleet of temperature-controlled trucks that will be fully equipped with GPS and temperature tracking that are capable of providing cross-border services, the group said.
At a glance
- Company
- Swift Haulage Bhd
- Announcement
- Expansion
- Location
- Kota Kinabalu, Sabah
Key figures
- Planned hub capacity after expansion
- 6,389 pallets
- Existing cold-room capacity
- 2,889 pallets
- Expected expansion completion
- November 2023
People
- Loo Yong HuiGroup chief executive officer
Products and programs
Hypercold Logistics was incorporated in 2006 and is involved in the provision of cold chain-related logistics, warehouse storage and transportation of goods. It has 2,889 pallets of cold room facilities.
“We are excited about Sabah’s potential to become the leading choice as the central hub for cold-chain logistics in the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA) region,” said Swifte’s group chief executive officer Loo Yong Hui at the launch of the hub.
“Sabah’s strategic location significantly facilitates the smooth flow of goods and services within the BIMP-EAGA region, providing us with a unique advantage in offering efficient and cost-effective logistics solutions,”
Swift’s shares gained one sen or 2.11% to 48.5 sen, valuing the group at RM427.06 million.
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Questions around this news
What capacity will the Kota Kinabalu cold chain hub have?
Swift Haulage said the hub’s expansion was expected to be fully completed in November 2023. At that point, it was planned to have capacity for 6,389 pallets, which the company described as the largest cold chain hub in Sabah.
What equipment and services will support the hub’s expansion?
Swift Haulage said the expanded capacity would be supported by temperature-controlled trucks equipped with GPS and temperature tracking. The company also said the trucks would be capable of providing cross-border services, supporting the movement of goods that require controlled temperatures.
What does cold chain logistics involve?
Cold chain logistics is the storage and transportation of goods under controlled temperature conditions. It uses facilities, equipment and handling processes designed to keep products within required temperature ranges as they move through the supply chain, helping preserve their quality and condition.
