Allcargo Logistics Limited — Important, 29-05-2025: Monthly Business Updates
29-05-2025 | 03:11 pm
29-05-2025 | 03:11 pm
Allcargo posted a 16% YoY rise in FCL volumes to 56,833 TEUs, led by North America, Latin America, Europe, and Asia Pacific. Air freight grew 7% YoY to 2.72 million kilos despite a sharp 35% decline from the previous month, supported by strong demand in key regions including India. LCL volumes fell 2.5% YoY to 707,000 cbm due to weaker demand in Europe, Asia Pacific, and Latin America, though North America showed gains. Container utilization was stable, with a 2% increase in 40-foot container usage YoY.
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