RPX, state-owned firm join hands

RPX, state-owned firm join hands

JAKARTA: Transportation and logistics service provider, the
RPX Group has signed an agreement for a joint partnership
operation with state-owned warehouse provider PT Bhanda Ghara
Reksa (BGR).

The agreement, which was signed last Friday, will allow RPX to
expand its warehouse network to 15 cities across the country, the
company said in a statement on Friday.

Under the agreement, RPX can access 400 different BGR-owned
warehouse facilities located in numerous cities in the country,
including Jakarta, Bandung, Semarang, Solo, Surabaya, Medan,
Padang, Pekanbaru, Palembang, Denpasar, Banjarmasin, Ujung
Pandang, Palu and Ambon.

"With BGR's vast warehousing area of 400,000 square meters,
and its capability to manage logistics of up to one million cubic
meters, RPX will be able to increase significantly its network
and logistics management capability for customers," the firm said
in a statement.

BGR has been operating for more than 26 years. It first
managed fertilizer transportation from ports to cooperatives
across the country. It later diversified its business to include
warehouse service management, urban warehousing, customs affairs
and cargo consolidation. -- JP