SCGJWD Logistics
SCGJWD Logistics (SET: SJWD) is Thailand's largest integrated logistics operator, formed 2023 via merger of SCG Logistics (Siam Cement Group's logistics arm) and JWD InfoLogistics. Covers cold-chain warehousing, general warehousing, distribution, international freight, regional ASEAN expansion. Scale, SCG backing, cross-sell between cold-chain and general-logistics customers differentiate vs pure-play peers.
Snapshot
Headline numbers a buyer checks first.
FY2024 revenue
~THB 25-30B
FY2024
Ticker
SET: SJWD
Listed 2023
Market share
~18% Thai cold-chain sector
FY2024
Scope
Cold chain, general, international, ASEAN
FY2024
What this company actually does
SCGJWD operates integrated cold-chain, general logistics; Thailand's largest listed logistics operator post-2023 merger. SCG backing, cross-sell, ASEAN platform.[]
Competitive set: NCL (reefer niche), captives (CPF, TU, CPALL). SCGJWD differentiates on scale, integration, public-company capital access.[, ]
Watchpoints
M&A, consolidation
Platform-buyer of mid-tier operators.
ASEAN regional expansion
Cross-border logistics corridors.
Cold-chain capacity utilisation
Pharma, e-grocery demand mix.
SCG parent strategic direction
Siam Cement Group capital, priorities.
Strategic position
Scale
Largest listed Thai logistics operator
Post-2023 merger combining SCG Logistics and JWD, SCGJWD is the only listed Thai 3PL with significant cold-chain and general-logistics assets under one balance sheet.
Integration
Cold chain to ambient crossover
Single-operator cross-sell between pharmaceutical cold-chain, e-commerce ambient, and international freight is a structural advantage unavailable to smaller, specialised peers.
Capital access
SET listing, SCG backing
Public capital-market access and Siam Cement Group balance sheet support capacity expansion and M&A without the funding constraints faced by private mid-tier peers.
Competitor read
NCL vs SCGJWD
NCL International Logistics is the closest listed cold-chain specialist, but at roughly one-third the revenue scale and without general-logistics cross-sell optionality.
Thai listed logistics operator comparison
SCGJWD Logistics (SJWD)
Primary focus
Cold chain, general, 3PL, international
FY2024 revenue (approx)
~ $0.725-30B
Listed
SET
Primary focus
Reefer cold chain
FY2024 revenue (approx)
~ $0.116-6B
Listed
SET
Kerry Express Thailand (KEX)
Primary focus
Parcel, last-mile e-commerce
FY2024 revenue (approx)
~ $0.29-12B
Listed
SET
Inter Logistics (IL)
Primary focus
Cross-border, CLMV freight
FY2024 revenue (approx)
~ $0.087-5B
Listed
SET
| Entity | Primary focus | FY2024 revenue (approx) | Listed |
|---|---|---|---|
| SCGJWD Logistics (SJWD) | Cold chain, general, 3PL, international | ~ $0.725-30B | SET |
| NCL International Logistics | Reefer cold chain | ~ $0.116-6B | SET |
| Kerry Express Thailand (KEX) | Parcel, last-mile e-commerce | ~ $0.29-12B | SET |
| Inter Logistics (IL) | Cross-border, CLMV freight | ~ $0.087-5B | SET |
Related Market profiles
Peers, parents, partners, agencies, and other Cold Chain & Temperature-Controlled Logistics actors.
Competitor
NCL International Logistics
Listed reefer specialist logistics peer.
Open Market profile →
Competitor
Charoen Pokphand Foods
Captive CPF cold chain benchmark.
Open Market profile →
Sector peer
Mohan-Boten Cold-Chain Logistics (China-Laos Rail Corridor)
Cold-chain logistics hub at the Mohan (China) and Boten (Laos) border connecting the China-Laos railway to ASEAN fresh-produce and perishable-goods trade flows.
Open Market profile →
Sector peer
Siam Refrigeration, SSC Logistics
Private Thai specialist cold-chain operators; temperature-controlled warehousing, distribution for pharma, seafood, beverages.
Open Market profile →
Sources + data provenance
Every filing, filing-adjacent register, or trusted industry source cited in this profile.
SCGJWD Logistics (SET: SJWD) FY2024 Form 56-1
NCL International Logistics (SET: NCL) FY2024 Form 56-1
| Source | Publisher | Grade | As of |
|---|---|---|---|
| SCGJWD Logistics (SET: SJWD) FY2024 Form 56-1 | SCGJWD Logistics PCL | Primary | 2025-03-31 |
| NCL International Logistics (SET: NCL) FY2024 Form 56-1 | NCL International Logistics PCL | Primary | 2025-03-31 |
Reports featuring this profile
Thailand Green Logistics 4PL EV Fleet Decarbonization 2027 Market Intelligence
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Sits alongside 3 other Atlas profilesThailand Logistics SaaS (TMS/WMS) Market Intelligence
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Sits alongside 4 other Atlas profilesThai Warehouse Logistics: Cold-Chain and Cross-Dock Modernisation
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Sits alongside 6 other Atlas profilesThailand Cold Chain Logistics Market Intelligence
Post-merger SCG, JWD integrated Thai cold-chain, general-logistics leader.
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Sits alongside 5 other Atlas profilesThailand Freight and Shipping Market Intelligence
SCGJWD integrated logistics JV between SCG Logistics, JWD.
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Sits alongside 17 other Atlas profilesThailand 3PL Warehouse, Last-Mile Deep Dive
Largest Thai 3PL post-2023 SCG-JWD merger.
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Sits alongside 7 other Atlas profilesThailand Truck Fleet, Leasing, Express Trucking Deep Dive
Largest Thai 3PL fleet operator post-merger.
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Sits alongside 5 other Atlas profilesThailand Laem Chabang, Map Ta Phut Port Deep Dive
SCGJWD freight, container logistics Laem Chabang user.
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Sits alongside 5 other Atlas profilesThailand Cold-Chain Pharma, Vaccine Deep Dive
SCGJWD cold-chain pharma, vaccine, biologics integrated.
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Sits alongside 6 other Atlas profiles