Australia's Yojee gains on sales contract with Röhlig Logistics

Yojee

31/03/2025 05:06

** Shares of Yojee YOJ.AX rise 2.9% to A$0.175 - highest level since August 15, 2023

** Software solutions provider signs a four-month usage-based services agreement with Röhlig Logistics to implement the Yojee TCMS, its transport management system, in Singapore initially

** Says co will charge an implementation fee per site and a monthly minimum usage fee, and if pilot is successful, parties intend to enter a 12-month agreement for broader deployment

** Stock up 25% this month, set for a second straight month of gains

** About 394,538 shares change hands, 2.4x the 30-day average of 167,354

** Stock up 36.5% YTD, including current session's moves

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))