Allcargo Logistics Limited — Important, 20-03-2025: Monthly Business Updates

Allcargo Logistics has announced a board meeting to discuss operational updates for February 2025. LCL volumes dipped to 604,000 cubic meters, down from 679,000 cubic meters year-on-year and 741,000 from January 2025, reflecting lower demand post-Lunar New Year. Container utilization also decreased, while the 40-foot container ratio improved slightly over the past year. FCL volumes fell by 2% year-on-year and 11% month-on-month, despite growth in regions like the USA and Europe. Air operations showed year-on-year growth at 2,319,000 kilos, primarily driven by the USA and Asia-Pacific. This mixed performance may lead to a cautious outlook for investors regarding demand recovery in key markets.