News / Acquisition of German forwarder Fair Trade will boost Allcargo's NVOCC reach

By Angelo Mathais, India Correspondent angelo@theloadstar.com

28/11/2022

India’s Allcargo Logistics has bought a majority stake in German forwarder Fair Trade in what it says is another targeted move to expand its NVOCC (non-vessel-operating common carrier) reach.

Mumbai-based Allcargo also owns and operates global NVOCC operator ECU Worldwide.

It said its subsidiary, Allcargo Belgium entered ...

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