Indo Trans Logistics

What Indo Trans Logistics does

ITL Corporation (Indo Trans Logistics) is Vietnam's largest private logistics company, headquartered in Ho Chi Minh City and founded in 1999/2000. The company operates an integrated, end-to-end supply chain platform organized into five core business segments: Aviation Logistics (General Sales and Service Agent for 22+ airline partners, operating more than 300 flights per week across EU, USA, Asia, Middle East, Africa, and Latin America), Freight Management (multi-modal air, sea, rail, and road forwarding including FCL, LCL, customs clearance, and e-commerce logistics), Contract Logistics (warehousing, distribution, cross-docking, milk-run collection, and a newly launched 18,000 m² international standard cold chain facility in Da Nang operating between -22°C and +25°C), Port Logistics (Sowatco Long Binh Port with 600,000-700,000 TEU annual container capacity and 1 million tons of bulk cargo, supported by the proprietary IPOS port operating system), and Digitalized Logistics (the VELA 4PL platform with customer and supplier portals). The group employs more than 3,000 personnel across a network of 40+ offices, branches, and distribution centers spanning Vietnam, Laos, Cambodia, and Myanmar.

ITL monetizes through transaction-based fees in aviation GSSA and freight forwarding, managed services contracts in contract logistics and port operations, and recurring subscription-style platform fees in VELA digitalized logistics. Its technology stack combines physical assets (warehouses, trucks, ports, barges, aircraft handling capability) with proprietary digital platforms — including IPOS, VELA Customer and Supplier Portals, and the newly launched ITL LOG Customer Portal — supplemented by subsidiary-branded digital channels (itlfm.com, itlavs.com). The ecosystem is reinforced by wholly-owned subsidiaries (ITL Aviation Logistics, ITL Freight Management, ITL Logistics, VELA, Sotrans, MLC-ITL, SEKO Logistics, Sowatco) and strategic joint ventures, most notably Seino-ITL Logistics launched in August 2025 with Japan's Seino Holdings, which brought Seino as a strategic shareholder to target Vietnam's LTL trucking market.

The company's go-to-market combines enterprise direct sales across all five segments with a product-led self-serve channel via VELA for SMEs, and channel partnerships through subsidiaries and JVs. Strategic capital partners include Mitsubishi Logistics (which acquired Franklin Templeton's stake in 2022), Symphony International Holdings (which led a $42.6M round in 2019), and Franklin Templeton (which led a $15.8M round in 2015). ITL holds the Vietnam Value National Brand 2024 designation, the Asia Pacific Enterprise Awards 2024 Corporate Excellence Award, and ranks in the VNR500 Top 500 Largest Companies in Vietnam 2025.

Name

Indo Trans Logistics

Legal name

ITL FREIGHT MANAGEMENT JOINT STOCK COMPANY

Website

https://itlvn.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

ITL Corporation (Indo Trans Logistics) is Vietnam's largest private integrated logistics provider, offering aviation GSSA, multi-modal freight forwarding, contract logistics, cold chain, port operations, and the VELA 4PL digital platform across Vietnam, Laos, Cambodia, and Myanmar.

Ownership category

akta.pro rank

Product category

Integrated Logistics Services

NAICS

Freight Transportation Arrangement (4885), Nonscheduled Air Transportation (4812), Warehousing and Storage (493), Marine Cargo Handling (488320)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Trucking & Courier Services (No Air) (4210), Air Courier Services (4513)

akta.pro primary industry

Real-Time Operational Visibility & Exception Management (TLAEAKAC)

akta.pro secondary industries

Customs Brokerage for Ocean Shipments (Import/Export Clearance) (TLACABAG), Trade Compliance & Ocean Regulatory Services (Sanctions/Export Controls) (TLACABAL)

Keywords

• Integrated logistics services
• Freight forwarding
• Contract logistics
• Cold chain logistics
• Aviation cargo services

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Aviation Logistics: General Sales and Service Agent (GSSA) for over 22 airline partners, operating more than 300 flights per week to EU, USA, Asia, Middle East, Africa, and Latin America. Services include air cargo, charter brokerage, ground handling, flight support services, passenger terminal services, and cargo terminal & express courier center.
2. Freight Management: Integrated freight management solutions covering air freight, sea freight, cross-border transport, customs & value-added services, e-commerce, and rail freight. Services include FCL (Full Container Load), LCL (Less than Container Load), and CFS (Container Freight Station) operations across all trade lanes.
3. Contract Logistics: Contract logistics services including warehousing, distribution, cross-docking, milk-run collection, and supply chain management. Cold chain storage services with 18,000 m2 warehouse in Da Nang.
4. Port Logistics: Port and integrated logistics operations including Sowatco Long Binh Port (capacity 600,000–700,000 TEU containers and 1 million tons of bulk cargo annually), inland container depots (ICD), barge transport, and port-side handling.
5. Digitalized Logistics (VELA): 4PL digital platform providing integrated logistics solutions for SMEs, featuring customer portal, supplier portal, automated contracting, KYC, payment processing, and transportation/route optimization. Revenue derived from platform fees and managed logistics services.
6. Seino-ITL Logistics (LTL): Less-Than-Truckload (LTL) and Full-Truckload (FTL) trucking services with container and double-deck specialized fleet. Online booking via phone, email, and website. Fixed schedules, competitive pricing, and real-time track-and-trace.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels6 records

Core offering

ITL Corporation operates as Vietnam's largest private integrated logistics provider, offering end-to-end supply chain solutions across aviation logistics (General Sales and Service Agent for 22+ airline partners with 300+ weekly flights), freight management (air, sea, rail, road), contract logistics (warehousing, cold chain storage of 18,000 m² at -22°C to +25°C, cross-docking, milk-run), port logistics (Sowatco Long Binh Port with 600,000-700,000 TEU capacity), and digitalized logistics via the VELA 4PL platform with customer and supplier portals.

Product overview

ITL Corporation is a leading integrated logistics solutions provider in Vietnam, operating as a diversified logistics conglomerate with multiple business segments. The company offers a comprehensive ecosystem of logistics services organized into five main business segments: Aviation Logistics (regional cargo GSSA champion in Indochina), Freight Management (multimodal transport connecting air-sea-rail-road), Contract Logistics (national champion), Port Logistics (port operations and inland container depots), and Digitalized Logistics through VELA platform. Supporting subsidiaries include Seino-ITL Logistics (LTL joint venture with Japanese partner), Sowatco Long Bình Port (600,000-700,000 TEU capacity), ITL Aviation Logistics, ITL Freight Management, and ITL Logistics. Key services include cold chain supply (18,000 m² facility), cross docking, milk run logistics, LCL/FCL shipping, customs clearance, and temperature-controlled pharmaceutical transport. The company also provides digital portals for customer and supplier visibility.

Differentiator

Problem solved

Functional benefit

Brands

• ITL Aviation Logistics: Leading air cargo GSSA in Vietnam and Indochina with partnerships with 22+ airlines operating 300+ flights weekly
• ITL Freight Management
• ITL Logistics
• VELA Digitalized Logistics
• Sowatco

Products and services

• Aviation Logistics Regional champion in Cargo GSSA (General Sales and Services Agent) in Indochina, providing air cargo solutions including cargo sales agency, total cargo management, charter and brokerage services, ground handling, flight support services, and passenger services for 22+ airline partners operating 300+ weekly flights to EU, USA, Asia, Middle East, Africa, and Latin America.
• Freight Management Integrated freight management solutions connecting air, sea, rail, and road transportation. Services include Less than Container Load (LCL), Full Container Load (FCL), customs clearance, cross-border transport, e-commerce logistics, and comprehensive freight forwarding across all trade lanes.
• Contract Logistics National champion in contract logistics providing warehousing, distribution, cross-docking, milk-run collection, and value-added logistics services tailored to specific customer requirements across Vietnam.
• Port Logistics Trusted operator in port and integrated logistics services including inland container depots, river port operations (Sowatco Long Binh Port), barge transport, and port-related logistics solutions with 600,000-700,000 TEU container and 1 million tons bulk cargo annual capacity.
• VELA Digitalized Logistics Platform Digital 4PL platform providing integrated logistics services for SMEs with Customer Portal and Supplier Portal for real-time order tracking, cost monitoring, automated contracting, KYC, payment processing, and AI-driven route optimization.
• Cold Chain Supply International standard cold chain supply services with 18,000 m² warehouse area and 10,000 pallet positions, preserving goods at temperatures from -22°C to +25°C for food, ice cream, frozen meat, and pharmaceutical products. Launched July 2025 in Da Nang.
• Seino-ITL Logistics LTL Trucking Joint venture between ITL and Japan's Seino Group specializing in Less-than-Truckload (LTL) and Full-Truckload (FTL) trucking services with container and double-deck specialized fleet, online booking, fixed schedules, and real-time track-and-trace. Launched August 26, 2025.
• Cross Docking Service Logistics technique that eliminates storage and order collection functions of warehouses, allowing direct transfer of goods from inbound to outbound trailers, typically within one day or less, reducing costs and increasing cargo handling efficiency.

Quantifiable outcome

• Sowatco Long Binh Port capacity: 600,000–700,000 TEU container throughput and 1 million tons of bulk cargo annually
• +4 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eleven partnerships are on record, tiered minor, core and major.

• Green Ka (Công ty Cổ phần Thương Mại Green Ka)minorChannel Partner/ Reseller/ Distributor · 1 January 2026Green Ka is the commercial partner for ITL Logistics' fleet expansion, supplying 40 Isuzu Euro 5 trucks on January 9, 2026. Green Ka delivered the trucks representing Isuzu Vietnam to ITL Logistics.
• Seino Holdings (Seino-ITL Logistics JV)coreStrategic or Co-development Partner · 1 August 2025On August 1, 2025, Japan's Seino Holdings (with over 90 years of history in LTL logistics) became a strategic shareholder of ITL. The Seino-ITL Logistics joint venture was officially launched on August 26, 2025, targeting Vietnam's LTL trucking market. Seino brings its LTL expertise, processes, and technology to combine with ITL's infrastructure and network.
• Mitsubishi LogisticsmajorStrategic or Co-development Partner · 1 August 2022Mitsubishi Logistics (a Japanese warehousing and transportation services provider) acquired Franklin Templeton's stake in In Do Trans Logistics (ITL Corporation) in August 2022, completing a transaction advised by BDA Partners. This represents a significant strategic investment by one of Japan's leading logistics companies into Vietnam's largest private logistics company.
• BDA PartnersminorOthers · 1 August 2022BDA Partners acted as the exclusive financial advisor to Franklin Templeton on the sale of its stake in In Do Trans Logistics to Mitsubishi Logistics, completed in August 2022.
• Sowatco Long Binh PortcoreStrategic or Co-development PartnerSowatco Long Binh Port is an inland container depot and port operation within the ITL ecosystem. The port has capacity of 600,000–700,000 TEU and 1 million tons of bulk cargo annually. It operates IPOS technology system and maintains ISO 45001 (occupational health and safety) and ISO 14001 (environmental management) certifications. Recognized as one of Vietnam's most modern and green port operations.
• SEKO LogisticscoreStrategic or Co-development PartnerSEKO Logistics is a member company of the ITL Group ecosystem, providing global freight forwarding and logistics services as part of ITL's integrated logistics platform.
• Sotrans LogisticscoreStrategic or Co-development PartnerSotrans Logistics is a member company of the ITL Group ecosystem, operating as part of the integrated logistics eco-system alongside ITL FM, ITL Aviation, ITL Logistics, VELA, MLC-ITL, SEKO Logistics, and Seino-ITL Logistics.
• MLC-ITLcoreStrategic or Co-development PartnerMLC-ITL is a member company of the ITL Group ecosystem, part of the integrated logistics operations alongside ITL FM, ITL Aviation, ITL Logistics, VELA, Sotrans Logistics, SEKO Logistics, and Seino-ITL Logistics.
• VELA Digitalized LogisticscoreTechnology or IntegrationVELA is ITL's digitalized logistics subsidiary providing a 4PL digital platform with Customer Portal and Supplier Portal for real-time order tracking, automated contracting, KYC, payment processing, and route optimization. VELA serves SMEs to access quality logistics services at competitive costs.
• 22+ Airline Partners (ITL Aviation Logistics GSSA Network)coreChannel Partner/ Reseller/ DistributorITL Aviation Logistics operates as General Sales and Service Agent (GSSA) for over 22 airline partners, managing more than 300 flights per week to EU, USA, Asia, Middle East, Africa, and Latin America. The airline partners include Delta Cargo (awarded 2024 Offline Country Revenue Growth Award).
• AON/AIG (Insurance)minorOthersITL has purchased Carrier Liability Insurance with AON/AIG with coverage up to VND 5.2 billion (approximately USD 250,000) per shipment, covering all damaged cargo caused by the carrier.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Yusen Logistics (Vietnam): Yusen Logistics is a Japanese global logistics company with extensive operations in Vietnam offering freight forwarding, contract logistics, and supply chain solutions. It is a comparable incumbent in the same integrated logistics category in Vietnam, though as a global player rather than a domestic national champion.
• Kuehne+Nagel: Kuehne+Nagel is one of the world's largest freight forwarders with air, sea, road, and contract logistics services and significant presence in Vietnam. It is comparable to ITL's freight forwarding and contract logistics segments but operates as a global incumbent rather than a Vietnamese national champion.
• DHL Global Forwarding: DHL Global Forwarding is a global leader in air freight, ocean freight, and customs brokerage with strong Vietnam operations. It directly competes with ITL in freight forwarding and contract logistics but at a much larger global scale.
• Ceva Logistics: Ceva Logistics is a global contract logistics and freight management provider serving similar end-markets (manufacturing, retail, consumer goods). It is comparable to ITL's contract logistics and freight management segments but operates globally rather than regionally.
• Kerry Logistics Network: Kerry Logistics is an Asia-based integrated logistics provider with freight forwarding, contract logistics, and supply chain solutions across Southeast Asia. It is comparable to ITL in integrated logistics services for the Indochina region.
• Expeditors International: Expeditors is a global freight forwarding and logistics company with air and ocean freight operations across Vietnam. It is a comparable freight forwarding business to ITL Freight Management but operates asset-light without port or asset-heavy operations.

Direct peers

• Gemadept Corporation: Gemadept is a major Vietnamese logistics and port operator (port operations, freight forwarding, logistics and real estate). It is a direct domestic peer to ITL in port logistics, freight forwarding, and contract logistics within Vietnam.
• Saigon Newport Corporation: Saigon Newport Corporation is Vietnam's largest container terminal operator, operating deep-water ports and related logistics services. It is a comparable port and inland container depot operator to ITL's Sowatco Long Binh Port operations.
• Sotrans Group: Sotrans Group is a Vietnamese logistics company offering inland container depot, port, freight forwarding, and warehousing services. It is part of ITL's ecosystem (member company of ITL Group) and serves as a direct peer in Vietnam's contract and port logistics market.

Emerging players

• Agility Logistics: Agility Logistics is a global logistics provider with strong emerging-market presence and freight forwarding, contract logistics, and supply chain capabilities. It is comparable to ITL's emerging-market Southeast Asia and Indochina footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/indo-trans-logistics-corporation-itl-corp-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries9 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indo Trans Logistics