KUALA LUMPUR, April 11 — Malaysia’s trucking industry is under mounting pressure as diesel prices surge, with operators warning of halted construction projects.
Shrinking fleets and rising costs across the economy. Industry players say fuel now accounts for up to 40% of operating expenses, with prices more than doubling for those without subsidies.
Smaller operators are the hardest hit, with some already downsizing or exiting the market due to unsustainable margins.
Industry representatives caution that the impact is beginning to ripple through supply chains, pushing up prices of goods and services.
Construction sectors are particularly affected, with some projects reportedly halted due to rising costs and fixed contract constraints.
While operators are still absorbing increases for now, many warn that price hikes may soon be unavoidable, potentially driving broader inflation if fuel prices remain volatile.
