Allcargo Logistics , a prominent player in the logistics industry, has made a strategic move to strengthen its presence in the Middle East. The company has announced the complete acquisition of Ecu-Line Saudi Arabia LLC, marking a significant expansion of its operations in Saudi Arabia.

Acquisition Details

Allcargo Logistics, through its wholly-owned subsidiary Ecuhold N.V., has acquired the remaining 30% stake in Ecu-Line Saudi Arabia LLC. This transaction, valued at ₹22.00 crore (SAR 10.00 million), gives Allcargo full ownership of the Saudi Arabian entity.

Strategic Implications

The acquisition aligns with Allcargo's strategy to expand its global footprint and consolidate its position in key markets. By gaining complete control of Ecu-Line Saudi Arabia, Allcargo Logistics is poised to enhance its service offerings and operational efficiency in the region.

About Ecu-Line Saudi Arabia

Ecu-Line Saudi Arabia LLC is a limited liability company registered in Saudi Arabia, specializing in transportation and storage activities. The company has shown consistent performance over the past few years:

Regulatory Compliance

Allcargo Logistics has confirmed that the transaction complies with local regulatory requirements. The company expects the local registration process to be completed within a couple of weeks.

Market Impact

This acquisition is expected to bolster Allcargo's market position in Saudi Arabia and potentially lead to improved synergies within its global network. The move demonstrates the company's commitment to expanding its international presence and enhancing its service capabilities in the competitive logistics sector.

Investors and industry observers will be keenly watching how this strategic acquisition translates into growth and value creation for Allcargo Logistics in the coming quarters.

Allcargo Logistics , a prominent player in the logistics industry, has reported a 3% decrease in its Less than Container Load (LCL) volume for June 2025 compared to the previous month. The company attributes this decline to weak macroeconomic conditions but remains optimistic about a recovery in July.

LCL Volume Performance

According to the company's monthly business update, Allcargo's LCL volume stood at 707,000 cubic meters in June 2025. This represents not only a 3% decline from May but also a 9% decrease compared to the same period last year.

Regional Performance

The LCL volume performance varied across different regions:

• Asia Pacific: Showed an increase compared to the previous month
• China and Middle East: Remained flat month-on-month
• Most major regions: Experienced softening in volumes

Notably, Latin America was the only region that witnessed growth compared to the previous year, while other major regions saw a softening in volumes.

Container Utilization and FCL Operations

The company also reported on other key operational metrics:

• Container utilization declined compared to last year, aligning with the overall volume decrease.
• The 40-foot container ratio saw a marginal decline year-over-year.
• Full Container Load (FCL) operations reached 54,613 TEUs in June 2025, marking a 4% decrease from May but a 2% increase year-over-year.

Air Operations

Allcargo's air operations showed mixed results:

Air volume growth was observed in Asia Pacific and India compared to the previous month, while other regions experienced declines.

Outlook

Despite the current challenges, Allcargo Logistics remains optimistic about the future. The company expects a rebound in July, particularly in LCL volumes. This anticipated recovery suggests that the current downturn might be temporary, influenced by broader macroeconomic factors rather than company-specific issues.

As global trade conditions continue to evolve, Allcargo Logistics' performance in the coming months will be closely watched by industry observers and investors alike.