News / Allcargo dismisses rumours of ECU sale to 'global shipping and logistics group'

© Frank Harms

Allcargo Logistics has dismissed market rumours – aired for some time – that it has been working towards a sale of its non-vessel-operating common carrier (NVOCC) and cargo consolidation subsidiary, ECU Worldwide.

The latest statement came in response to a query from The Loadstar. 

“At the outset, we wish to clarify that queries raised in your email are based on inaccurate and unfounded information,” said Allcargo. “We prefer to refrain from commenting on speculative information.”

The genesis of that speculation could, in large part, ...