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Focus on rail freight corridors and accelerated infra investments: Key takeaways from Budget 2021

Companies in the logistics sector will also gain. “Proposals to boost operational contingencies of road infrastructure and build more economic corridors have the potential to increase efficiencies across the logistics ecosystem and simulate regional economies to encourage local entrepreneurial initiatives,” said Shashi Kiran Shetty, Chairman, Allcargo Logistics.

Mr. Suresh Kumar has over 28 years of industry experience and a proven track record in building and expanding businesses as well as driving change management initiatives. He will head Allcargo’s CFS, P&E, and contract logistics divisions.

With the world getting ready for the Covid-19 vaccine, Unicef and the World Economic Forum (WEF) have signed a charter with 18 shipping, airlines and logistics companies to deliver the vaccine globally. Allcargo Logistics is the only Indian company to be in the list of global companies to sign the charter.

Express logistics solutions provider, Gati Ltd, now part of Allcargo Logstics Ltd post its acquisition, aims for a decentralised, asset-light approach to growth, catering to new and emerging opportunities as an end-to-end logistics solutions provider.

Adarsh Hegde takes over as MD of Allcargo Logistics firm Gati-KWE. Hegde will continue to be joint managing director of Allcargo Logistics. Allcargo Logistics today announced the appointment of Adarsh Hegde as the managing director of Gati-KWE, one of the key arms of the recently acquired Gati Ltd.

Mr. Shashi Kiran Shetty, Chairman, Allcargo Logistics and Gati, has been appointed by the Ministry of Education, Government of India, as the Chairman of the Society and Board of Governors (BoG) of the National Institute of Industrial Engineering (NITIE).

Allcargo Logistics, India's largest end-to-end integrated logistics service provider has rolled out the online booking faclity on its digital platform - ECU360 (the global logistics tool) now, in India. The entirely automated digital service will help mid-sized & small-sized freight forwarders and the CHAs in India to achieve speed and business growth with instant bookings, instant quotations and real-time pricing, says Allcargo.

Our Chairman Mr. Shashi Kiran Shetty abides by the belief that ‘An organisation should build effective work culture for growth’. Read his interview with BusinessToday to know how this piece of advice has guided him along his journey.

Our chairman Mr. Shashi Kiran Shetty, shares his thoughts on Allcargo Logistics and Gati collaborating to offer seamless logistics services to customers on INSIGHTS, by Maritime Gateway.

We’re delighted to announce that we were felicitated at the 10th CII National HR Excellence Awards (2019-2020) as an organisation with “Strong Commitment to HR Excellence”! Kudos to our HR team!

Our Project Logistics team seamlessly handled valuable ODC cargo for our valued customer, Toyo Engineering Pvt. Ltd. The movement of a Urea Reactor, Ammonia Converter and Ammonia Unitized Chiller, cumulatively weighing 1000 MTs, from Dahej, Gujarat through Chhapra, Bihar (which is under curfew) to Gorakhpur, Uttar Pradesh.

Our team is proud to be associated with project- girder-bridge assembly to final delivery from Tuticorin to Pugalur, for ABB and Power Grid Corporation of India Limited (PGCIL). Distance of 350 kilometres was covered in a short span of 10 days. Consequently, PGCIL successfully charged the 800 KV Raigarh Pugalur Link.

On the International Labour Day 2020 at Allcargo, Mundra made a small effort to pay tribute to the daily wage earners and security staff members with food packets, efforts were made to make this day a little different for the daily wagers.

We appreciate efforts of Avashya Foundation in distributing grocery kits and creating holistic village development model,  on contributing to social good and being responsible citizens by taking efforts to touch as many lives as possible.

The economy is gradually reviving and the economic indicators appear to be getting back in shape. As the government has announced that the Budget 2021-22 will focus on fuelling growth, the logistics industry will undoubtedly play a critical role in putting the economy firmly on the road to recovery.