B2B logistics company Spoton reported 25 pc growth in logistics volume in Sept

B2B logistics company Spoton reported 25 pc growth in logistics volume in Sept

Bengaluru-based B2B logistics company Spoton is witnessing recoveries in business volumes as the company reported 25 per cent growth in the month of September as compared with the same period last year. Nearly 95 per cent of Spoton’s business comes from the express cargo segment (transport through road); less than one per cent of its business from the air-cargo services vertical; while another 5 per cent comes from its 3PL business. Abhik Mitra, MD and CEO, Spoton Logistics, said that recoveries are being witnessed across most sectors that include automobiles, e-commerce and so on. Apparel and lifestyle continue to be on the slower side.
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