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Allcargo Logistics planning to foray into last-mile delivery space

Allcargo Logistics is planning to foray into last-mile delivery space and has set a target of trebling its domestic revenue at Rs 1,500 crore from the segment by 2020. The company through its European arm ECU Worldwide will also invest around Rs 1,000 crore to double its exim warehousing/ CFS stations and logistics park capacity to 10 million square feet by 2020.

Allcargo Logistics is an India-based holding Company. The company is engaged in providing integrated logistics solutions. It offers logistics services across multimodal transport operations, inland container depot, container freight station operations, contract logistics operations etc.

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