Shares of Allcargo Logistics fell over 3% today after the company released its International Supply Chain (ISC) Monthly Operational Update for January 2025. The data revealed a 9% month-on-month (MoM) decline in Full Container Load (FCL) volumes, while Less than Container Load (LCL) volumes saw a 4% year-on-year (YoY) increase.
The company’s FCL volume for January 2025 stood at 54,403 TEUs, reflecting a 6% increase compared to last year but a 9% decline from the previous month. The report noted that the FCL segment saw a drop in volume across most major regions except for the Middle East, Africa, and India.
In contrast, LCL volume stood at 741,000 cubic meters in January 2025, marking a 4% YoY growth and a 1% rise from the previous month. The report highlighted steady demand in North America and Europe, though the company expects some softening in demand in the near term. Meanwhile, LCL volume remained flat across Latin America, the Middle East, and India.
Container utilization saw a slight improvement over the last 12 months. Air freight volumes surged by 67% YoY in January, reaching 3,263,000 kilos, with significant growth across the USA, Europe, Latin America, and the Middle East. However, Asia Pacific and India experienced a decline in air cargo movement.
Allcargo Logistics shares dropped 3.16% to ₹31.90 on the NSE following the release of the operational update. The stock has been trading in a range of ₹29.50 – ₹91.80 over the past year, with a current market capitalization of ₹31.55 billion.
Investors will be closely watching the company’s next operational update and market trends in global logistics to gauge its future performance.
