Summary

This document provides an overview of transport organization, ownership structures (sole proprietorships, partnerships, private limited companies, public limited companies ), and different types of commercial vehicle permits in Malaysia.

Full Transcript

STRUCTURE AND ORGANIZATION OF TRANSPORT TPT346 - MANAGING TRANSPORT ORGANIZATION C H A P T E R 1 AKMAL ASYRA...

STRUCTURE AND ORGANIZATION OF TRANSPORT TPT346 - MANAGING TRANSPORT ORGANIZATION C H A P T E R 1 AKMAL ASYRAAF | TRANSPORT DEPARTMENT OF FPDP Structure and organization of Transportation based on the Process and procedure Various types of pattern of ownership, Third-party of organization commercial vehicle permits transporter, Transport firms, ownership in Malaysia in Malaysia. enterprise licensing, and others. WHAT IS OWNERSHIP IN ORGANIZATION? Ownership is the legal control over a business. The type of ownership is the legal status of the company and how it is owned. Continuity exists even if ownership changes, for as when a member or shareholder dies or retires. Patterns of ownership consist of three main components: Private Semi-public and public Department of state. SAMPLE OF COMPANIES IN MALAYSIA “Source: McGrawHill Education- For Illustration and Learning purpose" SOLE PRIVATE LIMITED PROPRIETORSHIPS COMPANIES PARTNERSHIPS PUBLIC LIMITED COMPANIES TYPE OF PRIVATE OWNERSHIP Private limited Public limited Sole Proprietorships Partnerships companies companies One of two types of Simplest business Involves two to twenty Distinct legal entity share -limited structure owned by individuals working separate from its companies in Malaysia. one individual. together, combining owners. their resources for Typically owned and Ownership Eligibility: business operations. Can engage in regulated by state or Restricted to property transactions federal governments, Malaysian citizens in A starting agreement and legal contracts. with involvement from Malaysia. that outlines roles, various entities at local, decision -making, and Formed by one to fifty state, and federal Sole proprietors need how profits or losses individuals; favored by levels. to pay an annual fee will be shared among foreign investors due to SSM. Suitable for partners. to the possibility of Governed by the those with sufficient 100% ownership. Company Act of 2016, funds for independent Limited to Malaysian However, some ministries, government business initiation. citizens and sectors like banking, agencies, GLCs, and permanent residents, education, oil, gas, public corporations like Owner has complete each option having its and agriculture Petronas, Sime Darby control over the own advantages and require at least 50% Berhad, PNB, CIMB, EPF, business and retains disadvantages. Malaysian ownership. TH, and Khazanah all profits. Nasional Berhad are included. SEMI-PUBLIC/GOVERNMENT- LINKED CORPORATION (GLC) Businesses with a p rimary commercial goal in which t he Malaysian government has a direct controlling interest. DEPARTMENT OF STATE T here are 13 states in Malay sia, and each one has its own gov ernment. T hese state gov ernments work similar to the b ig gov ernment in Malay sia, using a sy stem called the Westminster Parliamentary sy stem. In each state, there is a group of p eop le who make decisions. T his group is called the state legislative assembly, and it has only one part, or chamber. “Source: The Star - For Illustration and Learning purpose" COMMON CARRIERS AND NON- VESSEL COMMON CARRIERS (NVCC) A "carrier" is someone who moves things (like goods or people) for others, either for free or in exchange for payment. There are four main types of carriers: Non-vessel Common carriers Common carriers Private carriers Operating Common in logistics Carrier (NVOCC) These are The s e are pe opl e T h e s e are individu als o r The s e are oce an or bu s i ne sses i ndi vi du al s or co mpanies that carri e rs t hat t hat t rans port compani e s t hat agree to mo ve provi de s hi ppi ng move goods for a peo ple o r things s e rvi ce s bu t pas s enge rs or charge and are fro m o ne place to don't ow n t he i r goods for a fe e. avai l abl e for hi re ano ther, u su ally ow n s hi ps. The y The y offe r t he i r by anyone. T he y o n a o ne -time re nt s pace i n s e rvi ce s t o t he arrange for basis. They o ften cont ai ne rs and pu bl i c. E xampl e s u se tru cks, bu t big i ncl u de s hi p goods t o be mak e co mpanies might ow ne rs , ai rl i ne s , t rans port ed by arrange me nts have their o wn t axi s , and more. vari ou s carri e rs w i t h cu s t omers planes, trains, o r as ne e de d. u s i ng t he i r ow n ships fo r transpo rtatio n. pape rw ork. The y're l i k e mi ddl e me n be t we e n t he s hi ppe r and t he carri e r. TRANSPORT FIRMS AND ENTERPRISE LICENSING Definition: Commer cial vehicles, as per Malaysian law under the Ministr y of Transport, encompass lorries, tr ailer s, vans, tax is, and buses. These require specific permits for operation. Own Account Transport: This refers to when a company, public entity, or pr ivate or ganization transports its own materials. An employee of the organization typically drives the vehicle, and either the company owns the vehicle or rents one for this pur pose. The tr anspor t costs are a small part of the company's ex penses, indicating it's not a profit -driven venture. It's cer tified thr ough a specific registration. Importantly, ther e's no fee for the transportation service. “Source: Sendok Group- For Illustration and Learning purpose" Types of Licensed Transportation: COMMERCIAL VEHICLES IN MALAYSIA: Commercial vehicles are vehicles defined by M alaysian law and r egu lated by the Ministry of Transport. This category typically includes lorries, trailers, vans, taxis, and buses. In Peninsular Malaysia, as per the Land Public Transport Act 2010 (Amendment 2018) [Act 715]: Taxi Bus Light Vehicle Heavy Vehicle Out of Gauge (OOG) and Special Permits This regulation governs the operation and licensing of Public transportation, Tourist vehicles Goods transportation “Source: Aman Logistik Sdn Bhd- For Illustration and Learning purpose" TYPES OF DRIVING LICENSES LDL CDL IDP Learners Driving Compet ent Int ernat ional Lic ense Driver Lic ense Driving Permit PDL VDL A/A1 Provisional Driving Commerc ial Disabled Lic ense Driving Driving Lic ense L ic ense/Voc at ional Ap p lic ation Driving Lic ense DRIVING LICENSE CLASSES “Source: MLStudio - For Illustration and Learning purpose" Application to change vehicle- controlled vehicle. New application MOTOR VEHICLE Application add / LICENSE reduce BDM vehicle decontrolled. Request to temporarily stop SHIPPER (CONSIGNOR) Role: Initiates the transportation process by sending goods from one location to another, aiming for swift and secure delivery. This can be done using their own fleet or through a third-party logistics (3PL) company. Objective: Successful transaction involves moving goods efficiently and cost-effectively. RECEIVER (CONSIGNEE) Role: Receives the shipped goods. Seeks low-cost, reliable transportation with prompt delivery. Objective: Wants goods delivered swiftly and affordably. CARRIER AND AGENTS Carrier: Provides transportation services via air, sea, or land. Aims for competitive rates while minimizing operational costs. Agent: Represents a party when dealing with a third party. Common in sales and purchasing transactions. GOVERNMENT: Role: Regulates and oversees transportation through policies and rules. Ensures stable and efficient transportation, vital for economic and social well-being. Objective: Seeks a robust transportation environment for sustained economic growth. PUBLIC Role: Comprises individual consumers and businesses. Expects accessible, reasonably priced, safe, and reliable transportation. Objective: Demands easily available and reasonably priced transportation, emphasizing safety and environmental impact. “Source: MAG/MAB - For Illustration and Learning purpose" “Source: Bolt - For Illustration and Learning purpose" CENTRAL AND LOCAL GOVERNMENT Malaysia is a constitutional monarchy and parliamentary democracy. The country has three levels of government: federal, state, and local, with central and state elections held on a regular basis. Malaysia's constitution provides for local government, and the major regulating legislation includes the Local Government Act 1976 (Act 171) for the main peninsula, as well as the Local Authorities Ordinance 1996 and the Local Government Ordinance 1961 for the states of Sabah and Sarawak, respectively. “Source: FMT- For Illustration and Learning purpose" TPT346 THE END OF CHAPTER 1 MANAGING TRANSPORT ORGANIZATION Structure and organization of Transportation based on the Process and procedure Various types of pattern of ownership, Third-party of organization commercial vehicle permits transporter, Transport firms, ownership in Malaysia in Malaysia. enterprise licensing, and others. STRUCTURE AND ORGANIZATION OF TRANSPORT TPT346 - MANAGING TRANSPORT ORGANIZATION C H A P T E R 1 AKMAL ASYRAAF | TRANSPORT DEPARTMENT OF FPDP

Use Quizgecko on...
Browser
Browser