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Allcargo Terminals, a provider of cargo handling solutions with a network of Container Freight Stations and warehousing facilities, reported a net profit of ₹9 crore in the quarter ending in March, reversing a net loss of ₹2 crore from the same period last year due to increased volumes. Revenue rose by 12 percent to ₹208 crore, up from ₹186 crore. EBITDA increased by 31 percent to ₹44 crore, compared to ₹33 crore.
In FY26, the company’s net profit rose 46 percent to ₹44 crore. Revenue was up 8 percent at ₹821 crore, up from ₹758 crore. EBITDA grew by 26 percent to ₹162 crore. Annual volumes also saw healthy growth of 7 percent, reaching 7.23 lakh TEUs, according to the company. Suresh Kumar R, Managing Director of Allcargo Terminals, stated that India's growing export-import momentum and strategic capacity expansion at key ports contributed to a 46 percent growth in net profit last fiscal year.
The company’s focus on operational excellence has further built customer trust in various markets, allowing it to achieve the highest annual volumes ever. “In line with our strategic goals, we improved capacity at one of our two JNPT facilities and secured a ten-year extension for the other. We also began construction on the PFT-ICD at Farukhnagar in the March quarter, marking another important milestone in our growth journey,” Kumar said. The company is committed to making meaningful contributions to India’s expanding export-import ecosystem and logistics infrastructure, he added.
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CEVA Logistics has secured the EcoVadis Platinum Medal, the highest distinction awarded by the global business sustainability ratings provider, placing the company among the top 1% of businesses assessed worldwide over the preceding 12 months. CEVA achieved an overall EcoVadis score of 88 out of 100, marking a seven-point improvement over its 2025 Gold Medal score and highlighting the continued advancement of its sustainability performance across the global supply chain. The EcoVadis assessment evaluates companies across four core areas: Environment, Labour & Human Rights, Ethics, and Sustainable Procurement—using an evidence-based methodology covering policies, actions and reported results. The Platinum recognition provides independent validation of CEVA’s progress across these areas. The company’s sustainability strategy is anchored around three pillars: Acting for Planet, Acting for People and Acting for Partners, aligned with the broader sustainability commitments of parent company CMA CGM Group and the United Nations Sustainable Development Goals. CEVA’s strongest performance came in the Environment category, where it scored 95 out of 100, reflecting its focus on decarbonisation across its operations. The company is working towards the CMA CGM Group’s commitment to achieve net-zero emissions by 2050, with initiatives spanning lower-emission transport, more sustainable warehouse operations and its CEVA FORPLANET portfolio of low-carbon transport and circular-economy solutions. The Platinum recognition marks a significant step in CEVA’s sustainability trajectory, while reinforcing its positioning as a supply chain partner focused on measurable ESG performance, decarbonisation and long-term operational sustainability.
Broekman Logistics has appointed Suresh Kumar Kannappan as the Managing Director for the Indian Subcontinent, reinforcing its commitment to expanding its presence in one of the world's fastest-growing logistics markets. The strategic leadership appointment comes as the company aims to accelerate regional growth, strengthen customer relationships and enhance its service capabilities across India and neighbouring markets. Kannappan brings extensive experience spanning contract logistics, freight forwarding, commercial strategy, business development and integrated supply chain management. Over the course of his career, he has held senior leadership positions with leading global organisations, successfully driving business transformation, operational excellence and customer-centric growth initiatives. Before joining Broekman Logistics, Kannappan served as Vice President – New Product Development at SATS, Singapore, where he led product innovation and strategic collaborations across the aviation and logistics sectors. His experience in developing innovative logistics solutions and building strategic partnerships is expected to play a key role in supporting Broekman Logistics' long-term growth ambitions in the region. In his new role, Kannappan will work closely with the company's leadership team in India to strengthen Broekman Logistics' market position while delivering enhanced value to customers and business partners. His priorities will include expanding the company's regional footprint, driving sustainable business growth and further improving operational efficiency across its supply chain solutions portfolio. The appointment reflects Broekman Logistics' continued focus on the Indian subcontinent, a market witnessing rapid expansion in manufacturing, infrastructure development, cross-border trade and multimodal logistics. As businesses increasingly seek resilient, technology-enabled and integrated supply chain solutions, the company is positioning itself to capitalise on emerging opportunities through experienced leadership and customer-focused services. Welcoming Kannappan to the organisation, Broekman Logistics expressed confidence that his industry expertise and strategic vision would support the company's next phase of regional growth. The company also highlighted the strength of its local teams, noting that their combined capabilities would help deliver innovative logistics solutions while strengthening long-term customer partnerships. Headquartered in Rotterdam, the Netherlands, Broekman Logistics provides end-to-end logistics services, including freight forwarding, contract logistics, transportation, warehousing, distribution and breakbulk terminal operations. With operations across Europe and Asia, the company serves customers in sectors such as industrials, machinery and chemicals. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
RITES Ltd. has signed a Memorandum of Understanding (MoU) with Container Corporation of India Ltd. (CONCOR) to provide comprehensive Project Management Consultancy (PMC) services for the development and modernisation of logistics infrastructure across the country. The agreement marks a strategic collaboration between two Navratna public sector enterprises under the Ministry of Railways and is expected to support the government's vision of building an efficient multimodal logistics network. Under the MoU, RITES will offer end-to-end consultancy services on a project-specific basis, covering the entire lifecycle of infrastructure projects—from concept planning and feasibility studies to detailed engineering, construction supervision, quality assurance and commissioning. The collaboration is designed to enhance the planning and execution of key logistics assets while ensuring timely project delivery and operational efficiency. The partnership will focus on the development and improvement of CONCOR's terminals, inland container depots (ICDs), rail-linked terminals, multimodal logistics parks, warehouses, railway infrastructure, roads, utilities and associated facilities. By leveraging RITES' multidisciplinary engineering expertise and project execution capabilities, the initiative seeks to create modern logistics infrastructure capable of supporting India's growing freight movement and supply chain requirements. As India's logistics sector undergoes rapid transformation through initiatives such as the PM Gati Shakti National Master Plan and the National Logistics Policy, infrastructure development has become a key priority. The collaboration between RITES and CONCOR aligns with these national objectives by enabling integrated planning, improved connectivity and enhanced operational efficiencies across freight transportation networks. RITES hold extensive domestic and international project experience in transport infrastructure consultancy, and has executed thousands of assignments across railways, highways, ports, airports and multimodal logistics projects. CONCOR is India’s largest multimodal logistics service provider, and operates an extensive network of container terminals and plays a crucial role in facilitating containerised cargo movement across the country. The strategic partnership will accelerate the execution of logistics infrastructure projects while promoting better coordination between planning and implementation. The MoU is also expected to strengthen CONCOR's infrastructure expansion plans by providing access to RITES' technical expertise, project management capabilities and engineering solutions. With India's freight volumes expected to rise steadily over the coming years, such collaborations are likely to play a vital role in developing world-class logistics infrastructure, improving supply chain efficiency and supporting the country's long-term economic growth ambitions. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
