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Crossing Frontiers

Transreporter - Crossing Frontiers - 02

Starting as a pure India player, Allcargo Logistics completed 25 years of operations and established a firm position in Less than Container Load (LCL) segment by expanding its footprint to over 160 countries through acquisitions. In an interview Prakash Tulsiani, Executive Director & CEO, CFS-ICD, Allcargo Logistics tells us that due diligence is required for M&As, and how it aims to tap new business channels.

Allcargo Logistics has come a long way since its establishment. Which are the biggest milestones of all that have shaped its business today?    
Allcargo is built on a strong foundation of values and ethics. And this is key to our growth in the last 25 years. Our journey to the top league in the global logistics table has been replete with several path-breaking milestones. Starting as a pure India player in 1993, we had established a firm position as LCL consolidator in India. The acquisition of ECU-Line in 2006 was a turning point for Allcargo, making it a name to reckon with in the global non-vessel operating common carrier (NVOCC) segment. The acquisition proved to be significant for us, allowing us to expand our operational footprint to 120 countries. 
We acquired companies in China and USA–the two major markets, soon after. In 2016, the global presence of ECU-Line was consolidated and rebranded as ECU Worldwide. With this, we are now present in more than 160 countries.
Simultaneously, the company expanded its India presence by establishing Container Freight Stations. Today the company is the largest national CFS operator with facilities in major ports of India.  In 2004, we also entered into projects logistics and further strengthened it by the acquisition on MHTC.
 

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