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SJWD Announces Major Logistics Restructuring to Enhance Freight Capabilities

Prachachat Business One source

Logistics firm SJWD is restructuring its freight forwarding operations by merging SJWDF with III to strengthen its sea and air freight services.

According to a report by Prachachat Business, the logistics company SJWD has announced a significant business restructuring plan involving its freight forwarding division. The company intends to merge its subsidiary, SJWDF, with III through a combination of share swaps and cash transactions. Upon the completion of this deal, SJWD is expected to hold a 24.50% stake in III, while SJWDF will transition into a subsidiary of III. The transaction is projected to be finalized by the first quarter of 2027. The primary objective of this strategic move is to integrate the respective strengths of both entities in sea and air freight, aiming to provide comprehensive end-to-end logistics solutions. For residents and businesses in Thailand, this consolidation may lead to more streamlined supply chain services and increased efficiency in international shipping operations. While the structural changes are clearly outlined, the specific impact on service pricing and the full integration timeline for existing clients remain to be confirmed as the companies work toward the 2027 deadline.