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Transport Ministry Permits Shared Use of Prime Movers, Trailers Within Groups of Companies

Transport Ministry Prime Movers Trailers
To share the equipment, the parent company’s equity holding in a subsidiary must be at least 51 per cent, subject to other related conditions.

Shared Use of Prime Movers and Trailers Help Companies Save Time and Cost

As part of its commitment to improving the logistics industry, the Transport Ministry (MOT) has allowed transport companies within the same group to share prime movers and trailer beds.

In a statement, the MOT said, to share the equipment, the parent company’s equity holding in a subsidiary must be at least 51 per cent, subject to other related conditions, and only ...

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