Indian Transport & Logistics

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Allcargo Logistics Q2FY2024 net profit drops 92%

11 Nov 2023 2:51 PM IST
Revenue from operations declined 35 percent to Rs 3,307 crore in Q2FY2024, board announces 3:1 bonus shares

Allcargo Group commits to achieving carbon neutrality by 2040

26 Oct 2023 7:16 PM IST
Allcargo Logistics Limited, ECU Worldwide and Gati Limited to partner with carriers that use greener fuels.

Allcargo Logistics appoints Sushil Kumar Rathi as Director - Supply Chain

26 Jun 2023 2:16 PM IST
Sushil brings four decades of diversified experience in sales and distribution, marketing, channel management, supply chain management, procurement...

Allcargo Logistics completes acquisition of 30% stake from KWE in Gati subsidiary

9 Jun 2023 4:26 PM IST
The deal includes purchasing 1.3 lakh shares (26 percent) from KWE-Kintetsu World Express (S) and 20,000 shares (4 percent) from KWE Kintetsu Express...

Allcargo’s Transindia Real Estate to divest logistics parks to Blackstone

7 Jun 2023 8:30 PM IST
As a result of these divestments, Transindia Real Estate, the recipient of the cash proceeds, will receive over ₹400 crore.

Gati, Schneider Electric partner for green express logistics solutions

29 May 2023 3:26 PM IST
Gati starts deploying co-branded alternate fuel vehicles for pick-up and deliveries.

Allcargo consolidates position in contract logistics; buys out partner’s 39% stake

6 March 2023 6:36 PM IST
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 360

10 Feb 2023 12:56 PM IST
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 Trade

12 Jan 2023 4:29 PM IST
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 Q1

11 Aug 2022 3:50 PM IST
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 officer

19 July 2022 1:28 PM IST
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 EBITDA

27 May 2022 3:55 PM IST
Profit before tax stood at ₹1,186 crore, including ₹ 81 crore share of profit from associates and JVs.
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