Allcargo Terminals September Update: Total volumes fall 7% YoY, 6% MoM to 61,800 TEUs


Multimodal logistics operator Allcargo Terminals Ltd on Wednesday (October 7) reported total volumes of 61,800 twenty-foot equivalent units (TEUs) for September 2026, down 7% from the same month last year and 6% from the previous month.

The company disclosed the operational update for the month ended September 2026, with the information based on a limited review by management.

In January this year, Allcargo Terminals said its subsidiary Speedy Multimodes has secured a 10-year extension from Jawaharlal Nehru Port Authority to operate its container freight station (CFS) at the port.

ALSO READ | Allcargo Terminals Q3 Results: Net profit surges 21% on record volumes and capacity expansion

Located just 5 kilometres from JNPT, the CFS is the closest to India’s largest gateway port, offering its customers significant advantages in turnaround time, operational efficiency, and cost optimisation. This extension reinforces Speedy Multimodes’ role as a strategic, long-standing CFS within India’s most critical port ecosystem, it said.

Speedy Multimodes is spread over 53 acres with 8.5 acres of warehousing space. The facility, which offers dedicated zones for special and Over-Dimensional Cargo (ODC), has a throughput capacity of 180,000 TEU and is in plans for an infrastructure upgrade in partnership with JNPA, which will further enhance the handling capacity of the facility, the company said.

“This extension reflects the trust placed in our operational capabilities and reinforces our role in supporting EXIM trade and port operations at JNPT with enhanced efficiency and reliability,” said Ashish Chandna, Chief Executive Officer at Allcargo Terminals Ltd.

ALSO READ | Allcargo Terminals returns to profit in Q4 driven by revenue, margin expansion

Besides Speedy Multimodes, Allcargo Terminals also operates another facility near JNPT, where it has recently announced a significant expansion. The facility’s handling capacity has been nearly doubled from 1,90,000 TEUs to 3,60,000 TEUs annually.

“With the planned infrastructure upgrade, Speedy Multimodes CFS will be equipped to handle the steadily growing cargo volumes at JNPA with its scale, efficiency, and digital-first logistics services. The extension of the contract and upgradation of the facility will contribute to JNPA’s vision to becoming the first Indian port to handle 10 million TEUs by 2027,” said Gaurav Dayal, Chairman of JNPA.

Allcargo Logistics, headquartered in Mumbai, is a leading integrated logistics company engaged in multi-modal transport operations, container freight stations, inland container depots, project logistics, contract logistics, and supply chain management services.

ALSO READ | Allcargo Terminals volumes rise 7% YoY in April to 59,200 TEUs

The company has a global presence through its subsidiary ECU Worldwide, offering less-than-container load (LCL) and full-container load (FCL) services across multiple trade lanes.

Shares of Allcargo Logistics Ltd ended at ₹10.30, down by ₹0.18, or 1.72%, on the BSE.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *