Virus hits Agility earnings, but it’s not all bad

Agility reported first-half earnings of 8.47 fils per share on net profit of KD 16.2 million, a decrease of 61.3% over the same period in 2019. Earnings declined by 20.1% to KD 75.8 million, and revenue declined 1.3% to KD 765.1 million. The forwarding and logistics company’s vice chairman and chief executive, Tarek Sultan said: “We entered 2020 with our business on sound footing, which is one reason that we were ... [+]

Agility opens Spanish site

Agility Spain has moved into a new 11,000sq m warehouse and office at ZAL Port (Prat) in the Port of Barcelona. Features of the warehouse include free height of 11 meters in the storage area and a deck roof. The facility was built by CILSA, the company that manages the ... [+]

Agility chief steps aside

Chief executive of Agility’s global integrated logistics business, Essa Al-Saleh, is stepping down after 13 years in the role and will be succeeded by current head of the forwarder’s Asia Pacific business, Chris Price on 1 May. Al-Saleh leaves the company to pursue personal interests, but will continue to offer ... [+]

Agilty grows despite tough market

Kuwait-based forwarder Agility reported 2019 net profit of KD 86.8 million, or 52.14 fils per share, up 7% from 2018. Revenue for the year reached KD 1,578.6 million and earnings before tax and depreciation were KD 193.1 million, increases of 1.8% and 24.7%, respectively. For the fourth quarter 2019, Agility ... [+]

Logisticians unfazed by China crisis

Two thirds of supply chain industry executives anticipate a recession in 2020 with downward pressure on global trade and ongoing friction between the US and China, according to the 2020 Agility Emerging Markets Logistics Index published on 11 February. Only 12% of the 780 respondents say a recession is unlikely. However, ... [+]

Agilty signs refugee aid deal

Freight forwarder Agility has signed a partnership with UNHCR, the UN Refugee Agency, announced to deliver essential services to Malaysia’s 178,000 refugees, most of them Rohingyas from Myanmar. Announced at the World Economic Forum’s annual meeting at Davos, the deal includes a $100,000 donation from Agility.   [+]

Agility revs up motorsport deal

Freight forwarder Agility has signed a two-year logistics partnership agreement with Porsche Motorsports for the eight-weekend Porsche Carrera Cup Asia racing series. Agility Fairs & Events has been the official logistics partner for the event since 2016. Under the new partnership, Agility will handle the movement of all cars for ... [+]

Agility to Invest $100m in digital platform

Middle East headquartered forwarder Agility is to invest $100 million over three years to launch its digital logistics platform. Shipa Ecommerce offers integrated freight, fulfilment, delivery and returns solutions across the Arabian Gulf with additional reach into the EU and Africa planned for the near future, and is available in ... [+]

Agility gains carbon mark

The Carbon Trust has validated the methodology and processes that Agility uses to generate carbon footprint reports for logistics customers. It demonstrates that the freight forwarder’s  reporting methodology and processes comply with the organization’s reporting guidance for transparency and accuracy. Agility has been providing free carbon footprint reports to customers ... [+]

Agility wins medical certificate

Agility has received Wholesaler Distribution Authorisation for Medicines for Human Use from the UK Medicines Healthcare & Regulatory Agency. It authorises warehousing and cross-dock of a wide range of pharmaceuticals, including finished products and active pharmaceutical ingredients (API) under ambient and cold chain conditions, covering the Agility-managed pharma storage facility ... [+]

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