- Business
- TASCO Berhad provides integrated logistics solutions in Malaysia, operating through segments that include air freight forwarding with services such as temperature-controlled shipments, sensitive equipment handling, e-commerce parcels, high-security cargo, project cargo and chartered flights; ocean freight forwarding and shipment services; trucking encompassing domestic and cross-border operations like less-than-truckload consolidation, full truckload chartered services, door-to-door delivery, customs clearance and trans-container facilities; contract logistics featuring warehousing, distribution, transload, cross-docking, in-house logistics and value-added services; cold supply chain solutions including temperature-controlled storage and convenience retail logistics led by TASCO Yusen Gold Cold Sdn Bhd; and supply chain solutions comprising supply chain management, lead logistics, solutions engineering, project cargo, trading and e-commerce services tailored to industries such as automotive, aerospace, healthcare, pharmaceuticals, food, technology and retail. The company, incorporated in 1974 and headquartered in Shah Alam, Selangor, maintains 25 logistics centres across Malaysia with over 2,400 employees and forms part of the global Yusen Logistics Co. Ltd. network, a subsidiary of Nippon Yusen Kabushiki Kaisha, spanning 748 locations worldwide. In recent developments, TASCO completes the first full year of operations at its expanded 600,000 sq. ft. Shah Alam Logistics Centre and adds 270,000 sq. ft. of Halal-certified capacity at the Westport Logistics Centre in FY2025, marking its largest single-year warehouse expansion; consolidates cold chain operations under TASCO Yusen Gold Cold with enhanced asset utilisation and automation exploration amid resilient domestic demand; secures new client mandates including protein flows in cold chain and Korean brand distribution in retail logistics; receives awards such as Roland Manufacturing's Anniversary Service Award 2024 and Hino Motors' Partner in Service Excellence in early 2025; and declares a single-tier final dividend of 1.25 sen per share for FY2025 despite revenue pressures from client relocations and geopolitical factors.