Allcargo Logistics’ less than container load (LCL) volume stood at 818’000 cubic meters for the month of July 2024 similar to its highest ever monthly volume which was recorded in August 2022. This represents an increase of 6% as compared to previous month and 5% as compared to July 2023.
Volumes have steadily increased on the back of improved global trade and company’s growth initiatives. On the back of volumes, freight rates are also anticipated to stay high until the end of peak season. An increase in volume was witnessed in all major regions like USA, Latin America, Europe, Asia Pacific, and Middle East.
Its Full Container Load (FCL) volume for the month of July 2024 were similar as compared to last month and representing a growth of 7% as compared to July 2023. FCL volumes have been overall flat with marginal declines in China, Vietnam and Mexico and increase in India, Turkey and UAE.
Allcargo Logistics is an India-based holding Company. The company is engaged in providing integrated logistics solutions. It offers logistics services across multimodal transport operations, inland container depot, container freight station operations, contract logistics operations etc.
Company Name | CMP |
---|---|
Allcargo Logistics | 50.02 |
TVS Supply Chain Sol | 171.60 |
Container Corp | 775.95 |
Mahindra Logistics | 371.75 |
Transport Corp. | 1107.00 |
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