Gati to double revenues to Rs 3,000 crore in next three years
MUMBAI : Gati, an Allcargo Group company, intends to double revenues to ₹3,000 crore in the next three years as it expects a strong growth in the logistics sector, even as the company is embarking on
Allcargo to buy its partner CCI’s contract logistics business
MUMBAI : Allcargo Logistics said Monday plans to buy out the contract logistics business of its joint venture partner CCI Integrated Logistics and sell it the customs clearance segment, as a means of consolidating its
Allcargo Group flags off Allcargo Digital Literacy Mission
MUMBAI : Allcargo Group, an India-born, global logistics conglomerate has embarked on ‘Allcargo Digital Literacy Mission’ under the aegis of its digital literacy program through which it will equip digital literacy labs with computers (laptops
Allcargo Logistics to buy 90% equity, OCDs in Madanahatti Logistics for Rs 24 Cr
MUMBAI : Allcargo Logistics stated that it has entered into a securities purchase agreement (SPA) with BRE Asia Urban Holdings to acquire 90% equity share capital and optionally convertible debentures (OCDs) of Madanahatti Logistics
Allcargo Logistics shows a decline of 53% in Q3 profit
MUMBAI : Integrated logistics solutions provider Allcargo Logistics saw a decline both in sales and in net profit in the October-December 2022 quarter. The company’s sales dropped 26.80 percent on-year to Rs 4,099.02 crore, while its
ECU Worldwide announces Jitesh Shetty as Global Head of ECU 360
MIAMI : ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary, announced that it has appointed Jitesh Shetty as Global Head of ECU 360 effective immediately. Jitesh will spearhead major strategy and technical shifts for the
Allcargo Logistics buys 75 percent stake in German cargo consolidator Fair Trade
MUMBAI : Allcargo Logistics Ltd has bought a 75 percent stake in Germany’s Fair Trade GmbH in a deal that helps expand and strengthen the service network of ECU Worldwide – a Group company
Sub-continent shippers and forwarders switch to bulkers to stay profitable
MUMBAI : As container pricing and related supply chain challenges mount amid wild demand swings and capacity imbalances, Indian and Bangladeshi shippers and freight forwarders – in co-ordination with government logistics leaders – have
