Tasco

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.

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

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

• Freight forwarding services
• Cold chain logistics
• Warehousing distribution
• Supply chain management
• Customs brokerage

Headquarters

HQ city

Selangor

HQ country

Malaysia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. 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.
2. Warehousing & Distribution: Warehousing, distribution, transload and cross-docking, in-house logistics, value added services and Kaizen continuous improvement services.
3. 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

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core 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

Named customers1 record

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Yusen Logistics Co. LtdcoreOthersTASCO 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)coreStrategic or Co-development PartnerTASCO 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 BankminorOthersRHB 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

Broad 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

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tasco