Allcargo Logistics to foray into container terminal operation business

28 Sep 2021 CW Team

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

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..