The 77% Problem: Efficiency, Not Shortage

Malaysia’s logistics industry faces a misunderstood challenge. While reports highlight 15-20% driver turnover, the real issue is 77% empty backloads - lorries returning empty after deliveries. This indicates an efficiency problem, not an absolute driver shortage.

According to IRU Global Report 2024 and workforce consultant analyses, Malaysia’s challenge is driver utilization, not driver numbers. The high empty backload rate shows that existing drivers and vehicles aren’t being optimized effectively.

The Real Problem

• 77% empty backloads - Massive revenue loss per trip
• Not a driver shortage - It’s a utilization and routing issue
• Technology adoption - Route optimization software available
• Load consolidation - Platforms to fill return trips

Why Lorry Ownership Solves the Problem

When you own your lorry through financing, you gain complete control over operations. This control lets you implement solutions that employed drivers or rental operators cannot:

            1

Route Optimization Control

Plan routes that maximize return loads. You decide which deliveries to accept based on round-trip profitability, not just one-way rates.

            2

Backhaul Contract Freedom

Negotiate directly with shippers for return loads. No dispatcher taking a cut of your backhaul profits.

            3

Load Platform Access

Use digital load boards and consolidation platforms. You control which loads you accept and when you work.

            4

Technology Investment

Install GPS tracking and route optimization software. Ownership lets you choose and implement efficiency tools.

Lorry Financing: Fast Track to Ownership

Ing Heng Credit makes lorry ownership accessible with terms designed for logistics operators:

Financing Advantages

• 0% down payment - Preserve cash for operations and fuel
• 24-48 hour approval - Start optimizing routes immediately
• Up to 7 years tenure - Lower monthly payments for cash flow flexibility
• Rates from 2.88% p.a. - Maximize profitability from day one

Required Documents for Lorry Financing

What You Need to Apply

• Company Registration (SSM) - Form 9 & 24/49
• Bank Statements - Latest 3 months
• IC Copy - MyKad of all directors
• Lorry Quotation - From dealer or seller

Frequently Asked Questions

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Own Your Lorry Today

• 24-48 hour approval
• 0% down payment available
• Rates from 2.88% p.a.
• Up to 7 years tenure

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Reduce Empty Backloads

• Use route optimization apps
• Join load consolidation platforms
• Negotiate backhaul contracts
• Install GPS tracking systems