SCGJWD Logistics Public Company Limited (SJWD) has entered into a joint venture with Ruiyun (HK) International Supply Chain Limited of China and Golden Line Services Company Limited of Thailand to establish "Ruiyun International Supply Chain (Thailand) Company Limited." The venture targets the cross-border transport of temperature-controlled and general cargo between Thailand, China, and ASEAN countries.
The joint venture has a registered capital of 140 million baht (US$3.9 million), with Ruiyun holding 49 per cent, SJWD 40 per cent, and Golden Line 11 per cent. Initial operations include transporting durian from Thailand to China and electronic parts from China to Thailand. The company aims to reach revenues of more than 120 million baht (US$3.3 million) in the final five months of 2025, and between 560–830 million baht (US$15.6–23 million) annually from 2026 to 2029.
The partners will combine expertise in cold storage warehousing, logistics platforms, temperature-controlled transport, and distribution networks. SJWD operates nine cold storage facilities in six provinces in Thailand with a total capacity exceeding 100,000 tons and plans to expand in Surat Thani and Khon Kaen. Ruiyun operates 33 primary and 50 secondary distribution centers across China, serving more than 220 cities and 1,600 counties with its "Lengyunbao" logistics platform. Golden Line, a subsidiary of Speed Inter Transport, specializes in refrigerated transport with over 20 years of experience, operating a fleet of more than 700 vehicles and 300 containers.
Cross-border trade of temperature-controlled goods, particularly durian, is expanding. Exports of Thai durian to China rose from US$1.1 billion in 2018 to US$4 billion in 2024, with growth of more than 8 per cent projected in 2025. The joint venture intends to further develop services for food and beverage customers in China, increase cold storage utilization, and expand logistics routes to other ASEAN markets.
Mr. Zheng Rui Xiang, Chief Executive Officer and Founder of Ruiyun Cold Chain, stated that cooperation with SJWD and Golden Line will enhance the group's logistics capabilities for transport between China and ASEAN. Mr. Lam Cho Shing, CEO of Speed Inter Transport, emphasized the company's expertise in the import and export of fresh fruits, noting its capacity to handle regional transport and Customs clearance.
Source: Kaohoon International