KUALA LUMPUR (Dec 1): Pos Malaysia Bhd and Konsortium Logistik Bhd (KLB) have entered into a partnership to provide a vehicle shipping service between Peninsular Malaysia and East Malaysia.

The service, which will be provided via KLB's vehicle carrier vessel MV Zara Sofia, will operate between two and three shipments per month, with a frequency target of 28 shipments per year.

MV Zarah Sofia has a load capacity of 2,500 vehicles.

DRB-Hicom Bhd chief operating officer Datuk Mohamed Razeek Md Hussain said that getting a figure above 1,300 capacity per shipment will already be profitable for the business.

The price of shipment per unit ranges between RM1,500 and RM1,600 between Peninsular Malaysia and East Malaysia, and vice versa.

Pos Malaysia will act as KLB's agent through 22 of its selected outlets nationwide.

At 10.40am, Pos Malaysia dipped 0.28% or one sen to RM3.56 with 12,000 shares done.

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