Allcargo spreading its wings in India

Mumbai: Allcargo Global Logistics (AGL), the world's second largest non-vessel operating common carrier (NVOCC) with a vast global network and one of India's leading multimodal transport solution providers, is setting up freight stations and logistics centres across the country.
Allcargo has evolved globally with the acquisition of Belgium-based freight consolidator ECU Line, which has a presence in 80 countries. ECU Line was five times bigger than Allcargo at the time of the takeover.
Mumbai-based Allcargo has always been the leading LCL (less than container load) consolidator in India offering direct outbound and inbound LCL groupage services to and from major cargo destinations worldwide. Its present operations are in five key areas of the logisitics business: multi-modal transport operations; container freight stations; project cargo handling; air freight; and transport logistics.
The group is currently holding talks with container train operators in its bid for an exclusive partnership or a joint venture. The company is looking to join hands with companies having their own inland container depot (ICD) facilities.
A significant infrastructure development programme is underway, entailing the setting up of seven rail-side and two road-side logistics parks. AGL will invest US$88 million in the rail-side logistics parks in the first phase and in the second phase it will develop similar facilities at 10 other locations within three to five years.
The rail-side facilities will be be built in the National Capital Region (NCR), Mumbai, Kolkata, Ahmedabad, Nagpur, Bangalore and Hyderabad, while the road-side logistics parks will be developed in Indore (Pithampur) and Chennai, where the existing CFS will be expanded.
12/11/07 Joseph Tharakan/Cargonews Asia, Hong Kong

To Read the News in full at Source, Click the Headline

Categories: Cargo Nov 2007, Foreign Nov 2007