Allcargo Logistics Limited has informed the Exchange regarding Monthly Business Updates for the month of June 2025
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Allcargo Logistics shared its monthly operational update for June 2025 for its international supply chain business. LCL (Less than Container Load) volumes stood at 707,000 cubic meters, down 3% month-on-month and 9% year-on-year, with softness seen across most major regions except Latin America which grew. FCL (Full Container Load) volumes were 54,613 TEUs, down 4% month-on-month but up 2% year-on-year, with growth in Latin America, China, Canada, and India. Air freight volumes stood at 2,612 tonnes, up 2% year-on-year but down 15% month-on-month. Container utilization and 40-feet container ratio also declined compared to last year. Management noted that macroeconomic conditions remained subdued in June but expects a rebound in July.
Negative short-term sentiment likely as key LCL volumes declined both sequentially and on a yearly basis, reflecting weak global trade conditions. However, FCL and air freight showed year-on-year growth, and management expects a July rebound, which may cushion the negative outlook.