PT Trimitra Trans Persada Tbk
IIDX:BLOG330.00
IDR
-4.00
(-1.20%)
ISIN
ID1000210909
Return %
Stock
S&P 500
1Y
-34.65
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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IDR
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in mil. unless spec.Quarterly Revenue
IDR
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IDR
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in mil. unless spec.Company Description
- CEO
- Maickel Tilon
- Full Time Employees
- 215
- Sector
- Transportation
- Industry
- Trucking
- Address
- Tangerang Indonesia
- IPO Date
- Jul 8, 2025
- Website
- b-log.co.id
- Similar Companies
- Business
- PT Trimitra Trans Persada Tbk, operating under the commercial brand name B-LOG, is an Indonesia-based integrated third-party logistics (3PL) and supply chain solutions provider. The company provides end-to-end transportation and storage infrastructure primarily catering to business-to-business (B2B) clients across the fast-moving consumer goods (FMCG), retail, food and beverage, and consumer healthcare industries. The company operates through two core business divisions: Logistics Transportation and Warehousing & Storage Services. Its comprehensive portfolio of services includes Total Transport Management, providing dedicated and on-demand land freight distribution, intermodal freight coordination, primary and secondary trunking, delivery route optimization, and real-time cargo tracking; Cold Chain Logistics, delivering temperature-controlled transport across frozen and chilled categories utilizing specialized refrigerated vehicle fleets; Total Warehouse Management, delivering contract warehousing, multi-temperature storage facilities spanning ambient, chilled, and frozen environments, cross-docking, and automated inventory control; Value-Added Logistics and Fulfillment Services, comprising order fulfillment, pick-and-pack processing, product labeling, kitting, sorting, and reverse logistics management; and Supply Chain Technology Solutions, integrating proprietary and advanced Transportation Management Systems (TMS), Warehouse Management Systems (WMS), and IoT-enabled fleet monitoring. Warehousing and storage operations are managed primarily through its majority-owned subsidiary, PT Simpan Sini Aja (SSA), under the brand Simpan Sini. PT Trimitra Trans Persada Tbk maintains a nationwide logistical footprint across Indonesia, managing an active fleet of over 3,500 commercial vehicles and serving more than 26,000 delivery points across 47 cities in 23 provinces. The company was founded in 2009 as a vehicle rental enterprise, subsequently transitioned into dedicated B2B logistics in 2017 with a rebranding to B-LOG, and is headquartered at Alfa Tower in Tangerang, Banten, Indonesia. In recent major corporate developments, the company listed its shares on the Indonesia Stock Exchange (IDX: BLOG) via an initial public offering in July 2025, raising approximately IDR 140.81 billion. The company allocated the majority of the proceeds toward capital injections into subsidiary PT Simpan Sini Aja to fund the construction and rollout of new smart cold storage facilities in Tangerang, Pontianak, and Makassar, alongside deploying capital for commercial fleet expansion with the acquisition of new light dry and refrigerated trucks. Additionally, the company has advanced its operational efficiency through integrated fleet maintenance management systems and commercial fleet decarbonization trials.