Topic > Tiong Nam Logistics Holdings

Tiong Nam Logistics Holdings was founded by Ong Yoong Nyock in 1975. Tiong Nam's headquarters is in Johor, Malaysia. Tiong Nam began as a small-scale freight business moving consolidated goods and micro-distribution within Peninsular Malaysia. Tiong Nam has started expansion which extends to other countries such as Thailand, Singapore, Vietnam and China. Now Tiong Nam Logistics Holdings has over 2000 trucks and over 3000 employees as there are different types of customers who have different needs. Tiong Nam not only deals with transportation, but also warehousing, express delivery, and crane and heavy transportation services. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Tiong Nam owns over 75 warehouses which is the largest warehouse owner in Malaysia which includes general warehouses, bonded warehouses, cold storage and free trade zone warehouses. Tiong Nam's warehouse services are integrated with delivery services. The large fleet of trucks of different capacities ensures that the goods are delivered on time. Tiong Nam has an internal system to track the goods database so it can know where the goods are and whether they are delivered on time. Tiong Nam's equipment is constantly updated and relevant so that it can easily connect with its customers. Tiong Nam has also developed into real estate development. The portfolio includes the development of industrial, commercial and residential properties. Tiong Nam also offers the largest cold storage service in Malaysia. Total storage capacity is 388,000 square feet. Cold rooms have multi-temperature capabilities: frozen, refrigerated and ambient. This is used to facilitate the storage of a large number of goods, from chocolate, chemicals and photographic film to raw materials used in the production of airplanes. Tiong Nam continued diversification into real estate development, e-commerce and heavy project loading. Real estate development is also the main focus that boosted Tiong Nam's third quarter net profit. Tiong Nam also plans to engage in e-commerce logistics businesses that require door-to-door warehousing, distribution and logistics services. Tiong Nam focuses on heavy loads that are carried on many large items because they bring a large ROI. (Ali, 2016) Keep in mind: This is just one example. Get a custom paper from our expert writers now. Get a custom essay Tiong Nam Logistics Holdings Berhad has a good result in Bursa Malaysia. This made Tiong Nam's customers and investors have confidence in Tiong Nam so that Tiong Nam can do better in the year to come.