Indian Transport & Logistics

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Allcargo expands in Germany through 75% stake acquisition in Fair Trade

12 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 Q1

11 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 officer

19 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 EBITDA

27 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 business

31 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 crore

14 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 CEO

10 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 mn

31 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...

Gati exits cold chain solutions business to focus on express logistics

26 May 2021 8:28 AM GMT
May 26, 2021: The express distribution company and part of Allcargo Group, Gati, today announced that it is exiting Gati Kausar India, its cold chain...
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