Allcargo Logistics will be the majority shareholder, and the previous owner will retain the balance 25% stake.

“If there is an opportunistic play, that was one of a kind, then definitely (we are open to acquire),” company’s chief digital officer Vais...

The company, however, has managed to grow revenues on the back of strong volumes. The profits remain steady with a focus on digitisation an...

The company is also looking at acquisitions in Europe in the multimodal transport operations (MTO) space and in India in the contract logis...

The Indian company is working with an adviser on a potential minority or majority stake sale and is seeking a deal that would value ECU at ...

"Despite the challenging scenario, we have delivered strong performance in this quarter banking on our digitally-enabled integrated logisti...

This is the 13th major investment for the company, which has interests in global freight forwarding, container freight stations, third-part...

The oxygen cylinders were transported in eight chartered flights from Shanghai, with Allcargo and ECU Worldwide responsible for arranging f...

Both have also joined the board of Allcargo's wholly-owned subsidiary ECU Worldwide, the company said.

Kumar has over 28 years of industry experience and a proven track record in building and expanding businesses as well as driving change man...

The European subsidiary of Mumbai-headquartered logistics firm Allcargo Logistics, has acquired majority stakes in Hong Kong-based PAK DA (...

The company hopes of taking on rivals using Uber's model of aggregation using technology tools to make it easier for clients to book marine...

The world’s largest container ship operator, and IBM announced a joint venture to provide more efficient and secure methods for conducting ...

Camilo has been with ECU Worldwide, (formerly known as Econocaribe in the US), for 19 years. He earlier served as the vice president, sales...

The appointment is part of a senior management rejig at the company that creates a power centre at the overseas subsidiary.

The company has kept aside Rs 200 crore for acquisitions. It has made 12 acquisitions till date. India business accounts for just 20% of Al...

"We are executing a number of product strategies as part of our growth plan to be a USD 2 billion revenue generating group with global grou...