Allcargo Logistics

Overview

  • Founded Date 1 January 1993
  • Sectors Transport operations
  • Viewed 7

Company Description

Allcargo Logistics Limited is one of India’s leading integrated logistics service providers, specializing in multimodal transport operations, warehousing, supply chain solutions, and contract logistics. With a robust global presence and a reputation for operational excellence, Allcargo Logistics has become a preferred partner for businesses seeking comprehensive logistics and transportation services.


Overview of Allcargo Logistics

  • Founded: 1993
  • Founder: Shashi Kiran Shetty, an eminent entrepreneur in the logistics sector.
  • Headquarters: Mumbai, Maharashtra, India
  • Public Listing: Listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Core Services

Allcargo Logistics offers a wide range of services to cater to the end-to-end logistics and supply chain needs of businesses across industries.

1. Multimodal Transport Operations (MTO)

  • Specializes in international freight forwarding, consolidating Less than Container Load (LCL) and Full Container Load (FCL) shipments.
  • Operates under the brand ECU Worldwide, with a presence in over 180 countries, making it one of the largest LCL consolidators globally.

2. Container Freight Stations (CFS) and Inland Container Depots (ICD)

  • Provides efficient cargo handling, warehousing, and customs clearance services at key ports and inland locations in India.
  • Major facilities are located in Mumbai, Chennai, Kolkata, Mundra, and other strategic locations.

3. Contract Logistics

  • Offers tailored warehousing and supply chain solutions, including inventory management, order processing, and distribution.
  • Supports businesses in retail, e-commerce, FMCG, automotive, and pharmaceutical sectors.

4. Project and Engineering Solutions

  • Specialized services for handling heavy-lift and over-dimensional cargo (ODC) for sectors like infrastructure, oil & gas, and renewable energy.
  • Expertise in end-to-end project logistics, including route surveys, transportation, and installation.

5. Express Logistics

  • Focused on time-sensitive deliveries, catering to industries with urgent transportation needs.

Global Presence

  1. International Operations:
    • Operates through its global subsidiary ECU Worldwide, covering 300+ offices in 180 countries.
    • Key markets include North America, Europe, Asia, and Africa.
  2. Indian Operations:
    • Extensive network across India with facilities near major ports and industrial hubs.

Technology and Innovation

  • Digital Transformation:
    Allcargo Logistics has heavily invested in technology to enhance operational efficiency and customer experience.

    • Cargowise: A global platform for managing logistics operations.
    • Real-time tracking and analytics tools.
  • Automation:
    Adoption of automated equipment and processes in warehouses and container freight stations.

Sustainability Initiatives

  1. Green Logistics:
    • Focuses on reducing carbon emissions through optimized transport routes and energy-efficient operations.
    • Investments in renewable energy and eco-friendly equipment.
  2. Corporate Social Responsibility (CSR):
    • Avashya Foundation: The CSR arm of Allcargo Logistics, involved in education, health, environmental conservation, and community development.

Key Milestones and Achievements

  1. Global Leadership in LCL Consolidation:
    • ECU Worldwide has become a global leader in Less than Container Load services, catering to businesses of all sizes.
  2. Strategic Acquisitions:
    • Acquired Gati Ltd., a leader in express logistics, to strengthen its presence in the e-commerce and express delivery segments.
    • Other acquisitions have expanded its footprint in Europe, Asia, and Africa.
  3. Infrastructure Development:
    • Developed world-class CFS and ICD facilities in India, enhancing trade facilitation.
  4. Awards and Recognition:
    • Honored with multiple awards for excellence in logistics, sustainability, and innovation.

Challenges

  1. Global Competition:
    Competes with major logistics players like DHL, FedEx, and DB Schenker in international markets.
  2. Regulatory and Trade Challenges:
    Navigating trade policies, customs regulations, and geopolitical uncertainties.
  3. Technology Adoption:
    Continuous need to invest in cutting-edge technology to stay competitive.

Future Goals and Vision

  1. Expansion of Global Network:
    • Strengthen ECU Worldwide’s presence in emerging markets like Africa and Latin America.
  2. Growth in E-commerce Logistics:
    • Leverage Gati’s expertise to capture a larger share of the booming e-commerce sector in India.
  3. Sustainability:
    • Increase investments in green logistics and sustainable operations.
  4. Integrated Supply Chain Solutions:
    • Offer comprehensive, technology-driven supply chain solutions to cater to diverse industries.