Allcargo open to buying tech startups in the logistics space: Vaishnav Shetty“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...
AP Moller - Maersk launches US-Korea air freight serviceAll U.S.-Korea flights will be operated by Miami-headquartered cargo airline Amerijet International.
Allcargo Logistics scouts for buyout opportunitiesDuring the June quarter, Allcargo Logistics reported a consolidated revenue of Rs 5,675 crores, driven by its international supply chain bu...
Teamglobal Logistics works to create a global imprintThe company is going from strength to strength under the leadership of its founders.
Allcargo acquires Sweden's Nordicon; drops plans for Concor bidThis is the 13th major investment for the company, which has interests in global freight forwarding, container freight stations, third-part...
Allcargo’s European arm buys logistics firms in HK, SingaporeThe European subsidiary of Mumbai-headquartered logistics firm Allcargo Logistics, has acquired majority stakes in Hong Kong-based PAK DA (...
Allcargo investing Rs 1,000 cr in 4 logistics parksAccording to Shashi Kiran Shetty, the domestic air cargo business is a larger pie with around Rs 10,000 crore in annual revenue.
ECU worldwide looks to invest in blockchain tech, artificial intelligenceThe world’s largest container ship operator, and IBM announced a joint venture to provide more efficient and secure methods for conducting ...
Allcargo Logistics introduces Less Than Container Load service to Mangalore"The entire procedure is very time consuming. The new service... will benefit our clients and save lot of time," company said in a release.
Alibaba partners India's Allcargo for logistics servicesE-commerce giant Alibaba has partnered with the overseas subsidiary of Gurgaon-based Allcargo to provide logistics services.
Europe revival, US buy put Allcargo in the fast lane after a dull FY13Allcargo operates in three segments: container freight stations (CFS), multimodal transport operations (MTO) and project and engineering so...
We will get at least 30 big customers: Shashi Kiran Shetty, Allcargo LogisticsShashi Kiran Shetty believes it is the right time to get into the US as manufacturing there is poised to pick up significantly.
- CARE downgrades Lavasa to default category
Rating agency Care has downgraded rating of Lavasa Corporation to default category following its delay in payment of loans to banks.
'The age of sector-agnostic VCs will end'Vishal Sharma CEO & founder Tuscan ventures peaks to ET about the opportunities opening up in logistics and transportation.
- Blackstone to convert AGL warrants at a discount
The AGL board has approved global private equity fund Blackstone’s proposal to convert warrants at a 27% discount to the agreed price.
- Tuscan Ventures picks up 12.45pc stake in LCL Logistix
Tuscan Ventures on Monday said it has picked up 12.45 per cent stake in Mumbai-based freight forwarder firm, LCL Logistics, for an undisclo...
- Ship service regulator likely
The government is considering establishing a regulator for the shipping industry to check the arbitrariness in shipping charges.