Allcargo Logistics to foray into container terminal operation business
WAREHOUSING & LOGISTICS

Allcargo Logistics to foray into container terminal operation business

Allcargo Logistics is planning its foray into the container terminal operation business to capitalise on synergies with its container freight stations (CFS) and inland container depots (ICD) across India.

This does not include greenfield port development because those are infrastructure projects, according to Ravi Jakhar, Chief Strategy Officer at Allcargo Logistics. However, if there are opportunities for container terminals, they could look into it.

Allcargo Logistic operates container freight stations at the Jawaharlal Nehru Port Trust (JNPT), Chennai, Kolkata, and Mundra ports, as well as an inland container depot in Dadri, Uttar Pradesh, with a combined capacity of over one million twenty-foot equivalent units (TEUs).

A greenfield ICD is also being built in Jhajjar, Haryana. The company is looking to expand its CFS/ICD business by acquiring asset-light facilities.

Allcargo Logistics bought an 85% stake in Speedy Multi modes Ltd, which operates container freight stations in both JNPT and Mundra Port, in August to expand its CFS business.

JNPT owns the 68 acre CFS of Speedy (about 6 km from the port), but it was given to a private firm on a 20-year O&M contract on 1st January 2006.

Central Warehousing Corporation (CWC) is leasing the Speedy Multi modes CFS in Mundra.

Allcargo now has two CFSs servicing JNPT and Mundra Port, thanks to the acquisition of the Speedy Multi modes.

Allcargo is also planning a warehouse in the Nhava Sheva region, which is home to JNPT.

It is also evaluating key locations on dedicated freight corridors in the west and east for the establishment of private freight terminals/ICDs on a Purchasing Power Parity (PPP) basis.

Image Source


Also read: New truck terminal to be developed at New Mangalore Port by 2023

Allcargo Logistics is planning its foray into the container terminal operation business to capitalise on synergies with its container freight stations (CFS) and inland container depots (ICD) across India. This does not include greenfield port development because those are infrastructure projects, according to Ravi Jakhar, Chief Strategy Officer at Allcargo Logistics. However, if there are opportunities for container terminals, they could look into it. Allcargo Logistic operates container freight stations at the Jawaharlal Nehru Port Trust (JNPT), Chennai, Kolkata, and Mundra ports, as well as an inland container depot in Dadri, Uttar Pradesh, with a combined capacity of over one million twenty-foot equivalent units (TEUs). A greenfield ICD is also being built in Jhajjar, Haryana. The company is looking to expand its CFS/ICD business by acquiring asset-light facilities. Allcargo Logistics bought an 85% stake in Speedy Multi modes Ltd, which operates container freight stations in both JNPT and Mundra Port, in August to expand its CFS business. JNPT owns the 68 acre CFS of Speedy (about 6 km from the port), but it was given to a private firm on a 20-year O&M contract on 1st January 2006. Central Warehousing Corporation (CWC) is leasing the Speedy Multi modes CFS in Mundra. Allcargo now has two CFSs servicing JNPT and Mundra Port, thanks to the acquisition of the Speedy Multi modes. Allcargo is also planning a warehouse in the Nhava Sheva region, which is home to JNPT. It is also evaluating key locations on dedicated freight corridors in the west and east for the establishment of private freight terminals/ICDs on a Purchasing Power Parity (PPP) basis. Image Source Also read: New truck terminal to be developed at New Mangalore Port by 2023

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?