Allcargo Logistics Limited — Important, 23-10-2024: Monthly Business Updates

Allcargo Logistics reported a monthly operational update for September 2024. LCL volumes rose 1% YoY to 746,000 cbm but declined 8% MoM. FCL volume was 54,000 TEUs, reflecting a 4% YoY growth but a 5% decline from August. Air freight volume reached 2,652,000 kilos, growing 14% YoY but decreasing 5% MoM. Container utilization remained steady, with 40-foot container usage up 10% YoY. Overall, there were seasonal declines in various segments month-on-month.