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Latest news about Allcargo Logistics

Allcargo Logistics Implements Complex Corporate Restructuring, Dissolves Allcargo Gati 5 days ago

Allcargo Logistics Limited has executed a comprehensive corporate restructuring plan effective November 1, 2025. The plan involves the dissolution and amalgamation of Allcargo Gati Limited with Allcargo Logistics Limited. Trading of Allcargo Gati's shares will be suspended and subsequently delisted from BSE and NSE. The record date for determining shareholder entitlements has been revised to November 12, 2025. Shareholders of Allcargo Logistics will receive 1 equity share of Allcargo Global Limited for every 1 share held.

Allcargo Logistics Revises Record Date for Composite Scheme of Arrangement 6 days ago

Allcargo Logistics Sets November 1 as Effective Date for Composite Scheme of Arrangement 7 days ago

Allcargo Logistics Reports Mixed Performance in September 2025 Operational Update 10 days ago

Allcargo Terminals Reports 18% Year-Over-Year Growth in CFS Volumes Oct 16, 2025

More news about Allcargo Logistics

13Oct 25

Allcargo Logistics Secures NCLT Approval for Major Business Restructuring

Allcargo Logistics Limited has secured approval from the NCLT Mumbai Bench for its business restructuring plan. The plan includes demerging the International Supply Chain business into a new listed entity, Allcargo Global Limited, and consolidating domestic operations under Allcargo Logistics Limited. Shareholders will receive shares in both entities on a 1:1 basis, while Allcargo Gati shareholders will get 63 shares of Allcargo Logistics for every 10 shares held. The restructuring aims to create independent operations, improve capital allocation, enhance shareholder value, and create synergies in express and contract logistics. Post-restructuring, the Allcargo Group will have four listed strategic business units.

11Oct 25

NCLT Sanctions Composite Scheme of Arrangement for Allcargo Logistics and Subsidiaries

Allcargo Logistics Limited announced that the NCLT Mumbai Bench has sanctioned a Composite Scheme of Arrangement involving the company and its subsidiaries on October 10, 2025. The scheme includes mergers, demergers, and restructuring under Sections 230 to 232 of the Companies Act, 2013, involving Allcargo Logistics, Allcargo Supply Chain Private Limited, Gati Express & Supply Chain Private Limited, Allcargo Gati Limited, and Allcargo Global Limited. The company is awaiting the certified copy of the NCLT order and sanctioned scheme, which will be made available on their website once received.

03Oct 25

Allcargo Logistics Subsidiary Files Criminal Complaint in Rs 10 Crore Liability Dispute

Allcargo Logistics' subsidiary ALX Shipping Agencies India has filed a criminal complaint with Mumbai's Economic Offences Wing against its CEO Sandeep Bakshi and customer Vishal Mehta. The complaint alleges a conspiracy involving unauthorized agreements that created a Rs 10.00 crore liability for ALX. An internal investigation revealed potential collusion between Bakshi and Mehta, leading to accusations of deliberate attempts to make ALX liable for payments and signing agreements without proper authority. ALX seeks criminal proceedings under the Bharatiya Nyaya Sanhita, 2023. Allcargo Logistics states no impact on its financial or operational activities.

01Oct 25

Rs 325 Crore Shipping Fraud Uncovered in Mumbai's Logistics Sector

A significant fraud case has emerged in Mumbai's shipping and logistics sector, involving allegations of misconduct exceeding Rs 325 crore. Vishal Mehta, director of Rushabh Sealink & Logistics Pvt. Ltd., filed a complaint with Mumbai Police's Economic Offences Wing against several entities, including ALX Shipping Agencies India Pvt. Ltd., Aladdin Express DMCC, and OEL Express India Pvt. Ltd. The alleged scheme involved offering shipping investments with guaranteed profits, but funds were reportedly diverted through suspicious contracts. Two vessels, Leela Mombasa and XXH-2, were central to the fraud, with cargo worth Rs 130 crore and Rs 290 crore respectively being affected. The case also involves allegations of extortion and bounced security cheques.

25Sept 25

Allcargo Logistics Unveils Ambitious Growth Strategy at Analyst Day 2025

Allcargo Logistics, a global leader in LCL consolidation, presented its strategic vision for 2030 at its Analyst Day 2025 event. The company plans to expand into emerging markets, launch new trade lanes, and implement AI-enabled digital platforms to enhance operations. Allcargo set ambitious volume growth targets for LCL, FCL, and air freight, aiming to increase gross profit to Rs. 3,900 crore and EBITDA to Rs. 800 crore by FY30. The strategy also includes ESG commitments, targeting 100% carbon neutrality by 2040 and improved gender representation across the group.

24Sept 25

NCLT Reserves Order on Allcargo Logistics' Complex Corporate Restructuring

The National Company Law Tribunal (NCLT) has reserved its order on Allcargo Logistics Limited's Composite Scheme of Arrangement, following a hearing on September 24, 2025. The scheme involves a complex restructuring of multiple subsidiaries including Allcargo Supply Chain Private Limited, Gati Express & Supply Chain Private Limited, Allcargo Gati Limited, and Allcargo Global Limited. This corporate action is being processed under Sections 230 to 232 of the Companies Act, 2013. The company has informed stock exchanges of this development in compliance with SEBI regulations.

28Aug 25

Allcargo Logistics Reports Robust Growth Across Business Segments in July

Allcargo Logistics announced significant growth across its key business segments for July. LCL operations increased by 10% month-on-month to 774 cubic meters. FCL services grew 9% year-on-year, reaching 59,443 TEUs. The air cargo segment showed exceptional growth with a 46% year-on-year increase, reaching 3,690 tonnes. Container utilization declined compared to last year, while the 40-foot container ratio remained stable with a slight recent uptick.

13Aug 25

Allcargo Logistics Reports Q1 Results: EBITDA at ₹103 Crore, Anticipates Seasonal Uptick

Allcargo Logistics announced Q1 FY24 results with EBITDA of ₹103 crore, down 19% QoQ. Revenue from operations increased 1% YoY to ₹3,817 crore. The company reported a loss of ₹99 crore, primarily due to a ₹82.78 crore forex loss. LCL volumes grew 3% QoQ, FCL volumes up 6% QoQ. Contract logistics revenue increased 49% YoY. The company expects 8-10% increase in international volumes QoQ for July-September period. Allcargo's subsidiary acquired stakes in Allcargo ULS Terminal and ECU-Line Saudi Arabia LLC.

12Aug 25

Allcargo Logistics Reports Q1 Results: Revenue Growth Amid Profitability Challenges

Allcargo Logistics posted Q1 consolidated revenue of ₹3,817.00 crore, up 1% year-on-year. However, EBITDA fell 24% to ₹103.00 crore, and the company reported a net loss of ₹99.92 crore. Foreign exchange losses of ₹82.78 crore significantly impacted profitability. The International Supply Chain segment faced challenges, while Contract Logistics showed strong growth. The company anticipates a rebound in international trade from July, driven by the upcoming festive season.

06Aug 25

Allcargo Logistics Gains Full Control of Ecu-Line Saudi Arabia with ₹22 Crore Acquisition

Allcargo Logistics has acquired the remaining 30% stake in Ecu-Line Saudi Arabia LLC through its subsidiary Ecuhold N.V. for ₹22.00 crore. This acquisition gives Allcargo complete ownership of the Saudi Arabian entity, strengthening its presence in the Middle East. Ecu-Line Saudi Arabia, specializing in transportation and storage, has shown consistent performance with turnovers of ₹46,403 lakhs, ₹28,766 lakhs, and ₹30,800 lakhs in 2022, 2023, and 2024 respectively. The transaction complies with local regulations, with registration expected to complete within weeks.

23Jul 25

Allcargo Logistics Reports 3% Drop in LCL Volume, Expects July Rebound

Allcargo Logistics experienced a 3% decrease in Less than Container Load (LCL) volume for June 2025 compared to May, with volumes at 707,000 cubic meters. This represents a 9% year-over-year decline. Regional performance varied, with Asia Pacific showing growth and Latin America being the only region with year-over-year increase. Container utilization declined, and Full Container Load operations reached 54,613 TEUs, down 4% month-on-month but up 2% year-over-year. Air operations volume stood at 2,612 tonnes, up 2% year-over-year but down 15% from the previous month. Despite current challenges, the company remains optimistic about a recovery in July.

18Jul 25

Allcargo Logistics Streamlines Operations, Dissolves Three Foreign Subsidiaries

Allcargo Logistics has announced the dissolution of three of its foreign subsidiaries as part of an organizational restructuring. The company has not disclosed which specific subsidiaries were affected or provided reasons for this decision. The move could potentially impact Allcargo's international operations strategy, though the financial implications remain unclear. This restructuring may be aimed at optimizing operational efficiency or realigning business focus in response to evolving global economic conditions and trade patterns in the logistics sector.

24Jun 25

Allcargo Logistics Reports Growth in Container Load and Air Freight Amid Political Instability

Allcargo Logistics has shown resilience with impressive year-over-year growth despite challenging market conditions. The company reported a 6.30% increase in Full Container Load (FCL) volumes and a 4.40% rise in Air Freight volumes compared to the previous year. This growth comes against a backdrop of ongoing political instability, demonstrating the company's operational resilience and strategic adaptability in the logistics sector.

23Jun 25

Allcargo Logistics Reports Mixed Performance in May Amid Trade Volatility

Allcargo Logistics showed varied performance across segments in May. LCL volumes increased 3% month-on-month but decreased 4% year-on-year. FCL volumes remained stable monthly and grew 6% annually. Air freight volumes rose significantly, up 12% month-on-month and 4% year-on-year. The company expresses cautious optimism amid demand volatility in the global logistics market.

16May 25

Allcargo Logistics to Dissolve Jordan Gulf Subsidiary by 2025

Allcargo Logistics has announced the dissolution of its subsidiary, Jordan Gulf for Freight Services, effective May 15, 2025. This decision is part of the company's strategic realignment of international operations, potentially impacting its presence in the Middle Eastern freight services market. The long lead time before dissolution allows for gradual adjustments to business strategy and operations.

28Apr 25

Allcargo Logistics Reports Mixed LCL Volume Performance in March 2025

Allcargo Logistics' March 2025 operational update shows a 19.87% month-on-month increase in Less than Container Load (LCL) volumes, reaching 724,000 cubic meters. However, this represents a 2.03% year-on-year decrease compared to March 2024's 739,000 cubic meters. February 2025 volumes were 604,000 cubic meters.

25Apr 25

AllCargo Logistics Reports Mixed Performance in March 2025 Operational Update

AllCargo Logistics' March 2025 operational update shows varied results across segments. LCL volume increased 19.87% month-on-month to 724,000 cubic meters, but slightly decreased year-on-year. FCL operations grew 1% year-on-year and 14% month-on-month to 55,374 TEUs. Air operations surged significantly, with 72.21% year-on-year and 79.86% month-on-month growth to 4,171 kilos. Container utilization remained stable, with a 2% improvement in 40-foot container ratio. The company remains cautious about future performance due to ongoing geopolitical uncertainties affecting demand.

08Apr 25

Allcargo Logistics Expands Global Footprint with New Subsidiary in Turkey

Allcargo Logistics has incorporated a new step-down wholly owned subsidiary in Turkey named ECU ESC Turkey Lojistik Hizmet Merkezi Anonim Sirketi on April 7, 2025. The subsidiary has a capital of TL 250,000.00 with TL 62,500.00 paid-up, and is 100% owned by Asiapac Turkey Tasimacilik Anonim Sirketi, another subsidiary of Allcargo. This strategic move aims to enhance Allcargo's presence in the Turkish market and strengthen its global logistics network. The new entity will focus on logistics services, leveraging Turkey's strategic location between Europe and Asia.

03Apr 25

Allcargo Logistics Expands Presence in Asia: Acquires Stakes in Japan and South Korea

Allcargo Logistics has strengthened its presence in Asia through two key moves. Its subsidiary Ecuhold N.V. acquired the remaining 10% stake in ECU Worldwide Japan for $220,000, bringing its ownership to 100%. Additionally, another subsidiary acquired a 5% stake in Allcargo ULS in South Korea for 500 million Korean Won. These acquisitions aim to enhance Allcargo's FCL and LCL business in Japan and South Korea, potentially leading to operational synergies and improved market position in the Asia-Pacific region.

02Apr 25

Allcargo Logistics Expands Footprint in Japan with Full Ownership of ECU Worldwide Japan

Allcargo Logistics' subsidiary ECUHold N.V. has acquired the remaining 10% stake in ECU Worldwide Japan for USD 220,000, bringing its total ownership to 100%. The acquisition, completed on March 31, 2024, aims to strengthen Allcargo's position in the Japanese logistics market. ECU Worldwide Japan specializes in FCL and LCL consolidation services and reported a turnover of JPY 48,465.12 lakhs (approx. ₹297 crore) in 2024. This move is expected to enhance Allcargo's global logistics network and operational efficiencies.

21Mar 25

Allcargo Logistics Reports Decline in LCL Volumes Amid Post-Lunar New Year Slump

Allcargo Logistics Limited experienced a substantial decrease in Less than Container Load (LCL) volumes for February 2025. LCL volume stood at 604,000 cubic meters, marking an 11% year-over-year decline and an 18.5% month-over-month decrease. The company attributed this drop to reduced demand following early Lunar New Year celebrations. Container utilization also dipped, though 40-foot container usage remained 3% higher than the previous year. Full Container Load (FCL) operations saw a 2% year-over-year decline, while air freight operations showed a 10.9% year-over-year increase despite a 17.8% month-over-month decrease.

20Mar 25

Allcargo Logistics Reports Decline in LCL Volume for February 2025

Allcargo Logistics experienced a notable decline in its Less than Container Load (LCL) operations in February 2025, with volume decreasing to 604,000 cubic meters, an 11.04% year-on-year and 18.49% month-on-month drop. The company attributed this to early Lunar New Year celebrations. Full Container Load (FCL) operations also faced challenges, with a 2% year-on-year and 11% month-on-month decline. However, air freight operations showed positive momentum with a 10.90% year-on-year increase. Regional performance varied, with Latin America showing resilience in LCL and growth in FCL, while other regions had mixed results across different segments.

18Mar 25

Allcargo Logistics Streamlines Operations: Subsidiary Flamingo Line Del Ecuador Liquidated

Allcargo Logistics Limited has voluntarily liquidated its step-down wholly owned overseas subsidiary, Flamingo Line Del Ecuador S.A, effective January 27, 2025. The company received official confirmation on March 07, 2025. The liquidated subsidiary had nil revenue from operations and net worth as of December 31, 2024. This move is part of Allcargo's strategic restructuring of its international operations.