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The new joint venture will house all the operations of the Nordicon Group, which is the market leader in the LCL (less-than-container-load) and rail freight consolidation segment in the Nordics region

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...

Mandala Capital to acquire Gati%u2019s stake in Gati Kausar; to take management control of the company

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...

(L-R) Allcargo ropes in ex-M&M CFO Parthasarathy, ex-McKinsey partner Martin Mueller

Allcargo Logistics strengthens board with two new independent directors

12 May 2021 7:31 AM GMT

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

Maharashtra health minister Rajesh Tope reached out to Shashi Kiran Shetty of Allcargo for emergency shipping of medical supplies being imported from Singapore through the Temasek Foundation.

Allcargo to immediately uplift 500 oxygen concentrators from Singapore

22 April 2021 10:47 AM GMT

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

Located on Western Peripheral Expressway in Delhi, the tech-enabled STC will offer superior transit time, accuracy in cargo delivery and high locational advantage of access to all major National Highways

Gati-KWE to unveil its biggest surface transhipment centre in Delhi

23 Feb 2021 9:54 AM GMT

February 23, 2021: Gati-KWE, the express logistics firm and an Allcargo Group company, has announced that it will launch its largest surface...

Sales rose 53.05 percent to Rs. 2734.68 crore in the quarter ended December 2020 as against Rs. 1786.83 crore.

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

12 Feb 2021 7:52 AM GMT

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