Indian Transport & Logistics

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J M Baxi to acquire Allcargo's project forwarding & logistics business

31 March 2022 12:39 PM IST
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 3:11 PM IST
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.

Allcargo acquires 65% stake in Swedish logistics firm Nordicon for $29 mn

31 July 2021 3:05 PM IST
July 31, 2021: Allcargo Logistics on Friday announced its second large overseas acquisition snapping up a 65 percent ownership in a $44 million joint...

Allcargo Logistics strengthens board with two new independent directors

12 May 2021 1:01 PM IST
May 12, 2021: Allcargo Logistics has announced the appointments of VS Parthasarathy, former Group CFO and CIO of Mahindra & Mahindra, and Martin...

Allcargo to immediately uplift 500 oxygen concentrators from Singapore

22 April 2021 4:17 PM IST
April 22, 2021: Allcargo Logistics today announced that it will be immediately transporting 500 oxygen concentrators from Singapore to Maharashtra...

Allcargo’s consolidated net profit falls 68% in Oct-Dec quarter

12 Feb 2021 1:22 PM IST
February 12, 2021: Allcargo Logistics today published the financial results for the quarter ended on December 31, 2020 with net profit declining 68.03...

Allcargo Logistics appoints Suresh Kumar R as new CEO

18 Jan 2021 10:49 AM IST
January 18, 2021: Allcargo Logistics announced the appointment of Suresh Kumar R as the new chief executive officer (CEO)- India and key managerial...
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