Since starting an early-stage pilot in 2020, Haulio has onboarded over 150 trucking companies with a network of more than 3,000 container trucks in Thailand.
With its headquarters in Singapore, Haulio’s container haulage platform has more than 90% of Singapore’s hauliers onboard and plans to complete its digitisation haulage in Southeast Asia by 2025.
Given that Thailand is home to some of Southeast Asia’s busiest ports, it is a pivotal market for Haulio. According to HIS Markit’s GTA forecasting, the country reported a total import-export CAGR of 2.2% between 2016 and 2018, with a forecasted CAGR of 2.8% from 2021 to 2021.
Since starting the early-stage pilot in 2020, Haulio has onboarded over 150 trucking companies with a network of more than 3,000 container trucks in Thailand and transacted over 300 thousand TEUs on the platform with one of PSA’s JV local partners – ESCO.
Through this tie-up, Haulio projects a 200% quarter-on-quarter growth increase in its transactions, and an extension of the network effect of Haulio’s presence in Thailand. Haulio plans to scale up to over 1,000 hauliers and 20,000 trucks in the next one year to provide 100% coverage within the country.