Tasco
Tasco is a Malaysian public total logistics solutions provider operating 25 logistics centres and serving automotive, aerospace, healthcare, food, technology, and retail verticals through transportation, warehousing, cold chain (60%+ market share), and 4PL supply chain services, as a subsidiary of Yusen Logistics.
- Company typePublic
- Founded1974
- HeadquartersSelangor, Malaysia
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Tasco does
Tasco (TASCO) is a Malaysian total logistics solutions provider incorporated on 10 September 1974 and listed on the Main Market of Bursa Malaysia Securities Berhad on 28 December 2007. The company operates 25 logistics centres across Malaysia with approximately 2,200-2,400 local employees, offering an integrated suite of transportation services (air freight forwarding, ocean freight forwarding, haulage, cross-border transport, customs house brokerage, order management, trucking), warehousing and distribution (including transload/cross-docking, in-house logistics, value-added services, and Kaizen continuous improvement), and supply chain solutions (supply chain management, lead logistics provider services, solutions engineering, project cargo, temperature-controlled services, trading, and ecommerce).
TASCO serves six industry verticals — automotive, aerospace, healthcare/pharmaceutical, food, technology, and retail — and derives significant market position from its cold chain logistics operations, which are run through wholly-owned subsidiary TASCO Yusen Gold Cold Sdn Bhd (TYGC) and hold over 60% market share in Malaysia. The company operates as a subsidiary of Yusen Logistics Co. Ltd., itself a subsidiary of Nippon Yusen Kabushiki Kaisha (NYK), giving TASCO access to a global network of 594 locations and 24,713 employees worldwide as of 31 March 2020. Additional competitive credentials include Authorized Economic Operator (AEO) status from Royal Malaysian Customs, Frost & Sullivan recognition as Best Warehouse Management Company and Best Domestic Logistics Service Provider, and positioning as Malaysia's most sought-after 4th Party Logistics (4PL) provider.
The business model is services-based, with revenue generated through quote-based pricing and multi-year contracts across transportation, warehousing, and managed supply chain engagements. Distribution is delivered via direct enterprise sales with branch offices in Shah Alam, Prai, and Senai, supported by domestic logistics centres and the global Yusen network for international lanes. Customers are described as a diversified enterprise base spanning multiple verticals; however, no named customer logos or revenue concentration data are disclosed in the available sources. Andy Lee is identified as CEO & Director.
Tasco firmographics
Firmographics- Name
- Tasco
- Legal name
- Tasco
- Website
- https://tasco.com.my
- Company type
- Public
- Founded year
- 1974
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Tasco is a Malaysian public total logistics solutions provider operating 25 logistics centres and serving automotive, aerospace, healthcare, food, technology, and retail verticals through transportation, warehousing, cold chain (60%+ market share), and 4PL supply chain services, as a subsidiary of Yusen Logistics.
- Ownership category
- akta.pro rank
Tasco industry classification
Industry- Product category
- Logistics Services
- NAICS
- Freight Transportation Arrangement (488510), Warehousing and Storage (493)
- SIC
- Arrangement Of Transportation Of Freight & Cargo (4731)
- akta.pro primary industry
- E-commerce Fulfillment & Omnichannel Logistics (Pick/Pack/Returns) (TLAIAAAD)
- akta.pro secondary industries
- Fulfillment Execution & Task Management (Pick/Pack/Ship) (TLAEACAD), Shipping Management, Labeling & Carrier Integration (Multi-Carrier) (TLAEACAE)
Keywords
Where Tasco is headquartered
LocationHeadquarters
- HQ city
- Selangor
- HQ country
- Malaysia
- HQ region
- Asia
Offices3 records
Markets served
Tasco business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Transportation Services: Freight forwarding and transportation services covering all modes of transport including air freight, ocean freight, haulage, cross border, customs brokerage, order management, and trucking.
- Warehousing & Distribution: Warehousing, distribution, transload and cross-docking, in-house logistics, value added services and Kaizen continuous improvement services.
- Logistics Solutions: Complete suite of supply chain solutions including supply chain management, lead logistics provider, solutions engineering, project cargo, temperature controlled services, trading, and ecommerce.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based pricing for logistics services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Tasco product offering
Product offeringCore offering
Tasco provides total logistics solutions for businesses across three integrated pillars: Transportation Services (air freight forwarding, ocean freight forwarding, haulage, cross border, customs house brokerage, order management, trucking), Warehousing & Distribution (storage, distribution, transload and cross-docking, in-house logistics, value added services), and Supply Chain Solutions (supply chain management, lead logistics provider/4PL, solutions engineering, project cargo, temperature controlled/cold chain, trading, ecommerce logistics). The company also serves specialized industry verticals including automotive, aerospace, healthcare & pharmaceutical, food, technology, and retail.
Product overview
Tasco is a Total Logistics Solution Specialist offering a comprehensive suite of logistics services organized into Transportation Services, Warehousing & Distribution, Solutions, and Industry verticals. The company operates as a platform providing both International Logistics Solutions (Air Freight Forwarding, Ocean Freight Forwarding, Cross Border, Customs House Brokerage) and Domestic Logistics Solutions (Trucking, Haulage, Warehousing, Distribution). Core service modules include Supply Chain Management, Lead Logistics Provider, Solutions Engineering, Project Cargo, Temperature Controlled Services, Trading, and Ecommerce. Tasco serves six industry verticals: Automotive, Aerospace, Healthcare & Pharmaceutical, Food, Technology, and Retail. The company operates through its subsidiary TASCO Yusen Gold Cold Sdn Bhd (TYGC) for cold chain operations, holding over 60% market share in Malaysia's cold chain sector. Tasco is a subsidiary of Yusen Logistics Co. Ltd., connecting it to a global network of 650 locations and 25,300 employees worldwide.
Differentiator
Problem solved
Functional benefit
Brands
- TASCO Yusen Gold Cold: Cold chain logistics operations joint venture brand operated by TASCO Yusen Gold Cold Sdn Bhd (TYGC)
Products and services
- Air Freight Forwarding
Companies that use Tasco
Customer profileNamed customers1 record
Segments6 records
Ideal customer profiles1 record
Tasco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Tasco partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Yusen Logistics Co. LtdcoreTASCO is a subsidiary of Yusen Logistics Co. Ltd., which is a subsidiary of Nippon Yusen Kabushiki Kaisha. TASCO is part of Yusen Logistics Co. Ltd's global network with 594 locations and 24,713 employees worldwide as of 31 March 2020. The company was incorporated on 10 September 1974 and listed on the Main Market of Bursa Malaysia Securities Berhad on 28 December 2007.
- TASCO Yusen Gold Cold Sdn Bhd (TYGC)coreTASCO Yusen Gold Cold Sdn Bhd ('TYGC') helms TASCO's cold chain logistics operations. The venture into the cold chain logistics market, which included the acquisitions of two well-known domestic cold chain players, continues to pay off. TYGC is a joint venture/subsidiary focused on temperature-controlled logistics services.
- RHB Investment BankminorRHB Investment Bank maintained a NEUTRAL call on Malaysia's transport and logistics sector and selected TASCO as its Top Pick based on the logistics firm's diversified client base and integrated logistics services tax incentives.
Scale indicators6 records
Recent moves7 records
Expansion highlights2 records
Tasco competitors and assessment
Company assessmentBroad incumbents
- Yusen Logistics Co., Ltd. Parent company of TASCO and one of Japan's largest logistics groups with global operations. Directly comparable as a multi-service 3PL/4PL provider across freight forwarding, contract logistics, and supply chain solutions; TASCO represents its Malaysian operating footprint.
- DHL Supply Chain (Malaysia): Operates contract logistics and warehousing services across Malaysia, competing directly with TASCO for enterprise customers in automotive, healthcare, retail, and technology verticals as part of Deutsche Post DHL Group's global network.
- Kuehne+Nagel: One of the world's largest freight forwarders with significant contract logistics presence in Asia. Comparable to TASCO across air/ocean freight forwarding, customs brokerage, and integrated 4PL services for multinational clients.
- Kerry Logistics Network: Hong Kong-headquartered Asian logistics group offering freight forwarding, warehousing, and integrated logistics across Southeast Asia. Directly comparable to TASCO in regional contract logistics and supply chain solutions.
- CEVA Logistics: Global 3PL offering contract logistics, freight management, and finished vehicle logistics. Competes with TASCO for multinational supply chain contracts and has presence across Asia-Pacific.
- Expeditors International: Global freight forwarder and logistics provider with strong Asia-Pacific presence. Comparable to TASCO on the international freight forwarding and customs brokerage side, though less focused on asset-heavy contract logistics.
- DSV A/S: Global transport and logistics company with significant Asia-Pacific operations following its Schenker integration. Competes with TASCO across freight forwarding, contract logistics, and supply chain solutions for enterprise customers.
Direct peers
- FM Global Logistics Holdings Berhad: Malaysian-listed integrated logistics provider offering freight forwarding, warehousing, and distribution services. A direct domestic competitor with overlapping customer segments and service portfolio in Malaysia.
- Tiong Nam Logistics Holdings Berhad: Malaysian-listed logistics and warehousing company providing transportation, warehousing, and property-related logistics services. Closely comparable to TASCO in scale, geography, and service mix within Malaysia.
Regional players
- Sinotrans Limited: China's largest logistics company with growing Southeast Asian presence, offering freight forwarding, contract logistics, and e-commerce fulfillment. Comparable to TASCO in integrated 3PL scope though primarily serving a different geographic base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Tasco compliance and trust
Trust signalCompliance4 records
Tasco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tasco leadership team
Management profileNumber of profiles
Profiles1 record
Tasco subsidiaries and ownership
Company hierarchySubsidiaries1 record
Tasco funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tasco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tasco
What does Tasco do?
Tasco provides total logistics solutions for businesses across three integrated pillars: Transportation Services (air freight forwarding, ocean freight forwarding, haulage, cross border, customs house brokerage, order management, trucking), Warehousing & Distribution (storage, distribution, transload and cross-docking, in-house logistics, value added services), and Supply Chain Solutions (supply chain management, lead logistics provider/4PL, solutions engineering, project cargo, temperature controlled/cold chain, trading, ecommerce logistics). The company also serves specialized industry verticals including automotive, aerospace, healthcare & pharmaceutical, food, technology, and retail.
Is Tasco a public or private company?
Tasco is a public company. It is classified as public and is currently operating.
When was Tasco founded?
Tasco was founded in 1974. It employs 1,001 to 5,000 people.
Where is Tasco based?
Tasco is headquartered in Selangor, Malaysia, in the Asia region.
How does Tasco make money?
Three revenue lines are on record. Transportation Services are the primary driver. The others are warehousing & Distribution and logistics Solutions.
Who are Tasco's main competitors?
Broad incumbents on record are Yusen Logistics Co., Ltd., DHL Supply Chain (Malaysia), Kuehne+Nagel, Kerry Logistics Network, CEVA Logistics, Expeditors International and DSV A/S. Direct peers are FM Global Logistics Holdings Berhad and Tiong Nam Logistics Holdings Berhad. Sinotrans Limited is listed as a regional player.
Does Tasco have an API?
No public API is recorded for Tasco.
What industry is Tasco in?
Tasco's product category is Logistics Services. Its primary akta.pro industry code is TLAIAAAD, E-commerce Fulfillment & Omnichannel Logistics (Pick/Pack/Returns), with a secondary code of TLAEACAD, Fulfillment Execution & Task Management (Pick/Pack/Ship). Its NAICS code is 488510 and its SIC code is 4731.