East West Freight Carriers

What East West Freight Carriers does

East West Freight Carriers Limited (EWFCL) is an Indian multi-modal freight forwarding and logistics company headquartered in Mumbai and listed on Indian stock exchanges as a wholly-owned operating subsidiary of East West Holdings Limited (EWHL). The company operates through 14 branch offices in metropolitan and port cities across India, supported by 180+ global associates in 75 countries giving it claimed reach to 300+ destinations and 250+ ports. Its nine-service portfolio spans the four primary freight modes — Air Freight, Ocean Freight, Road Freight, and Rail Transport — alongside specialized verticals: Project Cargo (ODC and breakbulk), Pharma+ (temperature-controlled cold-chain logistics covering 2,000+ Indian locations with 400-500 daily shipments), Custom Brokerage, Courier Consolidation for e-commerce, and Smart Warehouses.

Revenue is generated primarily through transaction-fee-based freight forwarding on each shipment, with warehousing operated as a managed service line. The customer base is concentrated in large Indian industrial houses and conglomerates — including Godrej, Polycab, Raymond, Pidilite, Essar, Aditya Birla Group, Colorplus, and Larsen & Toubro — served via a B2B enterprise sales motion and direct branch relationships rather than digital self-service channels. EWFCL's go-to-market is reinforced by industry accreditations (IATA, FIATA, FFFAI, AMTI, ACAAI, BCHAA, FIEO, NABCB, ANAB) and a minority equity stake in Tandem Logistics (India), which adds 180 partner agents across 65 countries. Technology is limited to a Track and Trace visibility system, customer-integrated WMS, and corporate-website-driven customer engagement; there is no evidence of proprietary AI/ML capabilities.

FY March 2026 financial performance showed revenue of Rs 201.63 crore (approximately $24M USD), a 29.33% decline year-on-year, with a swing to a Rs 3.98 crore net loss from a Rs 1.29 crore profit the prior year. Q4 FY26 net sales of Rs 44.31 crore were down 24.81% YoY, indicating continued top-line contraction through year-end.

Name

East West Freight Carriers

Legal name

East West Freight Carriers Limited

Website

https://ewfcpl.com

Company type

Public

Founded year

1981

Operating status

Operating

Headcount range

51–100 employees

Short description

East West Freight Carriers Limited (EWFCL) is a Mumbai-based, publicly listed Indian multi-modal freight forwarder offering air, ocean, road, rail, pharma cold-chain, project cargo, customs brokerage, and warehousing services to large enterprise customers across India and 75+ countries via 14 branches and 180+ global associates.

Ownership category

akta.pro rank

Product category

Freight Forwarding & Logistics Services

NAICS

Freight Transportation Arrangement (488510), Scheduled Freight Air Transportation (481112), General Freight Trucking, Long-Distance (48412), Support Activities for Air Transportation (4881)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Air Transportation, Nonscheduled (4522), Deep Sea Foreign Transportation Of Freight (4412), Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

FCL (Full Container Load) Ocean Forwarding (TLACABAA)

akta.pro secondary industries

Customs Brokerage for Ocean Shipments (Import/Export Clearance) (TLACABAG), Cross-Border Freight Brokerage (USMCA/EU, etc.) (TLADAMAN), Cross-Border E-commerce Ocean Forwarding (DDP/DDU) (TLACABAK)

Keywords

• Freight forwarding services
• Multi-modal logistics
• Customs brokerage
• Warehousing services
• Cold chain logistics

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Air Freight Forwarding: All-inclusive range of export and import air freight services fulfilling distinct needs for different varieties of goods, time restrictions and trading countries.
2. Ocean Freight Forwarding: Full-Container-Load (FCL) and Less-than-Container-Load (LCL) consolidation services with 40+ years of established relationships with shipping lines.
3. Road Freight Services: Transportation of heavy and over-dimensional consignment, specialized transportation by hydraulic axle trailers, multi-modal transportation by road/rail/barge.
4. Rail Transport: Pan-India rail transportation with innovative domestic service connecting various industrial centers for economical and trustworthy mode of transport.
5. Custom Brokerage: Custom clearing services from India including import/export customs clearance, HSN classification, duty processing, and EDI-based clearance services.
6. Project Cargo Services: Custom Brokerage, ODC, breakbulk, transportation, and total logistics solutions under one roof for project cargo.
7. Pharma+ Cold Chain Logistics: Temperature-controlled logistics for pharmaceutical, life science, and healthcare industries with door-to-door service across 2000+ locations.
8. Smart Warehouse Services: Warehousing services including storage, consolidation, repacking, documentation, labeling, inventory management, and distribution.
9. Courier Consolidation: End-to-end logistics solutions for e-commerce businesses with Door-to-Door (DTD) program covering whole logistics process.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

East West Freight Carriers Limited (EWFCL) is an India-based freight forwarding and logistics company providing multi-modal transportation across air, ocean, road, and rail, supplemented by customs brokerage, project cargo, temperature-controlled pharma logistics (Pharma+), courier consolidation, and smart warehousing services. The company operates through 14 branch offices across India and a network of 180+ global associates across 75 countries, delivering single-window logistics solutions primarily to enterprise clients.

Product overview

East West Freight Carriers Ltd (EWFCL) is a logistics and freight forwarding company offering a portfolio of interconnected freight and logistics services. The core offering comprises nine distinct service lines: Air Freight, Ocean Freight, Road Freight, and Rail Transport (the four primary freight modalities), supplemented by specialized services including Project Cargo for heavy/ODC shipments, Pharma+ for temperature-controlled pharmaceutical logistics, Custom Brokerage for customs clearance, Courier Consolidation for e-commerce logistics, and Smart Warehouses for inventory management. These services are delivered through a network of 14 branches across India, 180+ global associates across 75 countries, and partnerships with major shipping lines for cargo tracking capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Pharma+: Specialized temperature-controlled logistics service for pharmaceutical, life science, and healthcare industries, offering door-to-door delivery across frozen, subzero, and ambient categories to 2000+ locations.

Products and services

• Air Freight

Quantifiable outcome

• 2000+ locations covered for pharma door-to-door delivery including remotest areas in India
• +3 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core.

• Tandem Logistics (India)coreStrategic or Co-development PartnerEWHL holds a minority stake in Tandem Logistics (India), enhancing their network with 180 agents across 65 countries. This strategic investment strengthens their global logistics network and reach.
• International Air Transport Association (IATA)coreOthersIndustry affiliation providing credibility and regulatory compliance for air freight operations. EWFCL is affiliated with IATA.
• Federation of Freight Forwarders Association (India) (FFFAI)coreOthersIndustry body affiliation for freight forwarding operations in India.
• Association of Multimodal Transport of India (AMTI)coreOthersIndustry affiliation for multimodal transport operations.
• Air Cargo Agents Association (India) (ACAAI)coreOthersIndustry body affiliation for air cargo operations in India.
• Brihanmumbai Custom House Agents Association (BCHAA)coreOthersIndustry affiliation for customs brokerage operations in Mumbai region.
• National Accreditation Board for Certification Bodies (NABCB)coreOthersAccreditation body affiliation for certification compliance.
• ANSI National Accreditation Board (ANAB)coreOthersInternational accreditation body affiliation for quality standards.
• Federation of Indian Export Organisations (FIEO)coreOthersIndustry body affiliation for export operations and compliance.

Scale indicators11 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• FedEx Logistics: Freight forwarding arm of FedEx offering ocean, air, and surface freight plus customs brokerage — broad incumbent competitor in the same multi-modal forwarding space as EWFCL.
• DHL Global Forwarding: Division of Deutsche Post DHL offering air, ocean, and road freight forwarding worldwide with significant Indian operations — the dominant scale player EWFCL competes against for enterprise contracts.
• Kuehne+Nagel: Global freight forwarding leader (ocean, air, road, contract logistics) with deep India presence — sets the competitive benchmark EWFCL competes against for cross-border enterprise freight.
• Expeditors International: Global asset-light freight forwarder with strong air and ocean forwarding services — comparable business model (asset-light, network-driven) at much greater scale than EWFCL.

Regional players

• Blue Dart Express: India's leading express logistics company (DHL-owned) offering air and ground courier services; relevant regional peer for EWFCL's courier consolidation, smart warehousing, and air freight forwarding.

Emerging players

• Snowman Logistics: India's largest temperature-controlled logistics and warehousing company, focused exclusively on cold chain — directly comparable to EWFCL's Pharma+ vertical and a specialist competitor in that niche.

Direct peers

• Gati (Allcargo Gati): Indian express distribution and freight forwarding company now part of Allcargo, with strong pan-India road/air network and e-commerce focus — comparable to EWFCL's courier consolidation and multi-modal offerings.
• Allcargo Logistics: Indian listed multi-modal freight forwarder offering ocean, air, and road freight plus project cargo and contract logistics across India and globally — directly comparable in product mix and listed Indian mid-cap profile to EWFCL.
• Mahindra Logistics: Indian listed third-party logistics provider offering warehousing, freight forwarding, and supply chain management to enterprise clients; comparable in B2B enterprise focus and Indian listed mid-cap profile.
• Transport Corporation of India (TCI): Indian listed logistics player covering freight, supply chain, and customs brokerage across multi-modal transport; comparable in pan-India branch network, listed status, and B2B enterprise customer focus.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/EWFCL.Mumbai
• LinkedInlinkedin.com/company/ewfcl
• Instagraminstagram.com/ewfcl.mumbai
• Xx.com/ewfclmumbai

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about East West Freight Carriers