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Yojee (ASX: $YOJ) signs agreement with APP in indonesia

Yojee signs 12-month Services Agreement with PT APP Purinusa Ekapersada (APP)


Yojee Limited (ASX: $YOJ) has signed a 12-month Services Agreement with PT APP Purinusa Ekapersada (APP) to implement its Transport Management System (TMS) across 6 Indonesian-based APP operating mills and for use by over 250 contracted road carriers.

Executive Commentary on Yojee's Agreement with APP


After an 18-month sales engagement that included a competitive bid process, we are excited to partner with APP to bring control, visibility, and efficiency across its logistics network and the 250+ contracted road carriers they work with. The award of this contract demonstrates the value that high-transactional asset-light enterprise businesses who outsource the physical delivery of their freight to contracted road carriers can gain from our solution. Our TMS uniquely and intentionally solves the challenges of operating an outsourced road carrier network across the region.

Summary of Yojee's Agreement with APP


Yojee Limited has signed a 12-month Services Agreement with PT APP Purinusa Ekapersada (APP) to implement its Transport Management System (TMS) across 6 Indonesian-based APP operating mills and for use by over 250 contracted road carriers. The implementation has begun with the first APP operating mill in Mokojerto, East Java, with a staged roll-out across the remaining mills over the contract period. The agreement provides access to Yojee's TMS on a usage-based fee structure. Yojee's CEO, Darren Palfrey, expressed excitement about the partnership and highlighted the unique value proposition of their TMS for asset-light enterprise businesses. APP, as one of the world's largest pulp and paper companies, aims to gain real-time operational visibility across its transportation and logistics networks in Indonesia through this collaboration. Yojee's mission is to enable Asian Pacific contract road transportation networks to be the world's most reliable, efficient, and sustainable, aligning with APP's Sustainability Roadmap Vision 2030. The company looks forward to the phased implementation and usage of the TMS across the term of the Services Agreement.

YOJEE LIMITED
YOJ | ASX | Information Technology
0.045-0.003(-6.25%)
At close 05/07 (AEDT)
Market cap
$12.5M
Volume
370,500
DY Yield
0
PE Ratio
0
52 Week Range
0.027 - 0.241
1YR Return
-26.23%

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