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
Real Estate

Mahindra Lifespaces Unveils ‘Home of Positive Energy’

Mahindra Lifespaces has introduced ‘Home of Positive Energy’, a brand philosophy aimed at enhancing well-being through thoughtful design, natural light, and green spaces. The launch includes a digital video campaign (DVC) and a Mobile Experience Centre—a first-of-its-kind traveling showcase across Mumbai.CMO Abhimanyu Mathur stated, “Every Mahindra home is designed as a sanctuary that nurtures aspirations and daily life.” The campaign, developed with The Womb, emphasizes differentiation beyond location and amenities, making well-being central to Mahindra Lifespaces’ identity.With t..

Next Story
Real Estate

Mumbai Registers 11,541 Property Deals in February 2025

According to Knight Frank India, while property registrations in the Mumbai real estate market have moderated, signs of stabilisation are emerging. The market saw a 4 per cent Year-on-Year (YoY) decline in registrations, with 11,541 properties registered in February 2025, compared to 12,056 in the same period last year, based on data from the Maharashtra Inspector General of Registration (IGR).Nevertheless, stamp duty collections remained steady in February 2025, reaching Rs 8.96 billion (bn), which is almost identical to the Rs. 8.85 bn collected in February 2024. On a month-on-month comparis..

Next Story
Resources

Godrej Expands Smart Security Portfolio

Godrej Security Solutions has launched a new range of premium home lockers, blending sophisticated design with advanced security. The company aims for 20% growth in FY26 and a 70% market share in the home locker segment.The new lineup—NX Pro Slide, NX Pro Luxe, Rhino Regal, and NX Seal—features dual-mode access (digital & biometric), intelligent alarms, and space-efficient interiors. Additionally, the Defender Aurum Pro Royal Class E safe meets the BIS-certified QCO mandate for jewellers, while the AccuGold iEDX Series supports precise, non-destructive gold testing.Godrej is expanding ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?