Allcargo Logistics Ltd, led by Shashi Kiran Shetty, has emerged the front-runner to buy the container freight station (CFS), inland container depot (ICD) and rail logistics business of Sical Logistics Ltd from the Coffee Day Group, as per the news in the dailies. Sical Multimodal and Rail Transport Ltd (SMART), the rail logistics wing of Sical, holds a Category I licence from the Indian Railways, to ply container trains throughout the Indian Railways network in both the export-import and domestic segments. |