Allcargo Gati Limited reports 8% volume growth in July 2024

Allcargo Gati Limited, a leading player in the logistics and express delivery sector, announced an 8% month-on-month increase in total volume for July 2024. The company’s combined surface and air express volume reached 108,000 tonnes, driven by early preparations for the upcoming festive season, which traditionally boosts demand for logistics services.

However, despite this positive momentum, the total volume for July 2024 shows a slight 3% year-on-year decline compared to July 2023. While this decrease is modest, it is noted as a minor setback. Nevertheless, company officials remain optimistic, anticipating continued growth in the coming months as the festive season approaches.

Allcargo Gati’s management highlights the company’s focus on optimising operations and leveraging market opportunities. These strategic initiatives are aimed at capitalising on the expected surge in demand during the festive period, positioning the company for sustained growth and resilience in a competitive market.