Allcargo Logistics reports strong Q2FY25 Results with 30% revenue growth
MUMBAI : Allcargo Logistics has released its financial results for Q2 FY 25, posting consolidated revenue of Rs 4,301 crore, a 30 per cent year-on-year (YoY) increase. The company’s consolidated EBITDA reached Rs 135
Allcargo Terminals’ container freight volumes rose 20% in June
MUMBAI : Allcargo Terminals Ltd. reported a 20% year-on-year increase in its container freight volumes in June, according to an exchange filing on BSE. Container freight volumes stood at 55.9 ‘000 Twenty-Foot Equivalent Units,
ECU Worldwide of Allcargo Logistics, partners with ShipBob for freight services
MUMBAI : ECU Worldwide, a wholly-owned global subsidiary of Allcargo Logistics, on Thursday said it has partnered with ShipBob to offer its ocean and air freight services to the latter’s receiving hubs and fulfilment
Allcargo Logistics launches LCL consolidation services in Gujarat
MUMBAI : Allcargo Logistics launched less than container load (LCL) consolidation services in collaboration with Container Corporation of India Ltd (CONCOR) at the inland container depot (ICD) in Ankleshwar, South Gujarat. The introduction of LCL consolidation services
Transindia Real Estate signs deal to sell logistics park in Gurgaon for Rs 636.71 cr
MUMBAI : Transindia Real Estate Limited, an Allcargo Group company has signed a definitive agreement to sell its logistics park at Jhajjar in Haryana at an enterprise value of approximately Rs 636.71 crore. The
Allcargo Logistics expects trade revival in second half of the year
MUMBAI : Allcargo Logistics is hopeful of a trade revival in the second half of 2024 after a sharp drop in net profit and revenue from operations in the December quarter. Allcargo Logistics Ltd
Allcargo Logistics falls 5% after Q3 net profit declines 88% on poor revenue
MUMBAI : Allcargo Logistics Limited and Allcargo Gati Limited, part of the Allcargo Group has announced plans to demerge the International Supply Chain (ISC) business into a separate entity Allcargo ECU Limited, and the
Allcargo Logistics plans to cut costs by $30 million in FY24 amid global slowdown
MUMBAI : Allcargo Logistics aims to cut costs by $30 million (about Rs.250Cr) by the end of 2023-24, amidst the ongoing slowdown in the global logistics sector. The company is also spending $100 million