Multi-Criteria Decision Analysis of the Logistics Companies using TOPSIS Model

Transportation is a vital aspect of logistics and international maritime activity. Transportation equipment has to be built strongly, tested wisely and maintained timely to prevent untoward incidences during shipping. However, companies in this business line often face challenges in funding their operations and maintain their bottom lines and this has impeded their growths in the international arena. With this, our paper intends to analyze these logistics companies financially using a comprehensive range of financial ratios and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) model. Using a fresh framework proposed, our paper finds that Chin Hin Group Property Berhad (CHGP) is the best performing public logistics company in this business line. We hope that this paper could provide insights to the management team, prospective investors and current shareholders in the decisions to improve the economic condition of the logistics business in Malaysia to achieve the Shared Prosperity Vision 2030.