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Allcargo consolidates position in contract logistics; buys out partner’s 39% stake6 March 2023 1:06 PM GMT
Company board approves exit from non-core clearance business, selling entire stake held in the entity. Deal will set path ahead for synergies with...
ECU Worldwide appoints Jitesh Shetty as global head of ECU 36010 Feb 2023 7:26 AM GMT
In this role, he will report to Vaishnav Shetty, chief digital officer of the Allcargo Group.
Allcargo expands in Germany through 75% stake acquisition in Fair Trade12 Jan 2023 10:59 AM GMT
Fair Trade GmBH has been a major player in the consolidation segment in Germany, handling cargo movement across Europe-Asia, Europe-Latin America, and...
Allcargo Logistics' profit up 165%, revenue up 65% to ₹5,675 cr in Q111 Aug 2022 10:20 AM GMT
It reports a sustained revenue increase from the digital platform ECU360, which accounts for 60% of export bookings across markets.
Allcargo appoints Kapil Mahajan as chief information, technology officer19 July 2022 7:58 AM GMT
Before joining Allcargo Logistics, he worked with Safexpress as Group CIO for over five years.
Allcargo revenue grows 91% to ₹20,000 cr; reports ₹1,516 cr EBITDA27 May 2022 10:25 AM GMT
Profit before tax stood at ₹1,186 crore, including ₹ 81 crore share of profit from associates and JVs.
J M Baxi to acquire Allcargo's project forwarding & logistics business31 March 2022 7:09 AM GMT
It has also provided a binding offer to Lift and Shift India, to acquire its heavy and over-dimension cargo business.
Allcargo Logistics quarterly revenue grows 115% to ₹5869 crore14 Feb 2022 9:41 AM GMT
Allcargo Logistics reported revenue of ₹5,869 crore for the quarter and EBITDA stood at ₹505 crore for the third quarter ended December 31, 2021.
Gati appoints former Mahindra Logistics chief Pirojshaw Sarkari as CEO10 Aug 2021 8:05 AM GMT
August 10, 2021: The Allcargo group company Gati announced the appointment of Pirojshaw Sarkari as its CEO.
Allcargo acquires 65% stake in Swedish logistics firm Nordicon for $29 mn31 July 2021 9:35 AM GMT
July 31, 2021: Allcargo Logistics on Friday announced its second large overseas acquisition snapping up a 65 percent ownership in a $44 million joint...