Etihad Cargo extends partnership with MICCO
Etihad Cargo has extended its partnership with MICCO as its provider for road feeder services across the UAE and Gulf Cooperation Council. The road feeder service network connects air and sea gateways in Dubai, Abu Dhabi and Sharjah, as well as Oman, Kuwait and Bahrain. Under the partnership, MICCO will continue to provide Etihad Cargo […]
Tandem Global extends Middle Eastern network
Tandem Global Logistics Network has extended its Middle Eastern network with an exclusive partner in Iraq and a new facility in Saudi Arabia. The Iraqi office of Kuwait partner Al-Rashed International Shipping Company has joined the network, and is Kuwait’s largest shipping and logistics company with operations across Kuwait, Iraq and other countries in the […]
AA Cargo picks GSAs for Croatia, Slovenia and Kuwait
American Airlines Cargo has extended its international reach with the appointment of general sales agents (GSA) in Croatia, Slovenia and Kuwait. Specialist Central Eastern Europe and Balkans company R-BAG will represent American Airlines Cargo from Ljubljana Airport in Slovenia and at Zagreb International Airport in Croatia. Al Rashed International Group will represent the airline as […]
Agility posts tonnage, EBITDA and revenue surges
Kuwaiti logistics firm Agility has seen its earnings before interest, taxes, depreciation, and amortization (EBITDA) in the second quarter (Q2) grow 14 per cent to 32.6 million Kuwaiti Dinar (KD)($107 million) and revenue increase 10.9 per cent to 342.1 million KD. In the first half of the year, net profit was 31.4 million KD up […]
Volga-Dnepr transports 57 tonne generator to Kuwait for Siemens
Volga-Dnepr Airlines has delivered a 57 tonne generator to Kuwait for Siemens, putting its Cargo Supermarket to good use. Faced with a critical delivery deadline to move the rotor from its manufacturing site in Mulheim, Germany, Siemens asked Volga-Dnepr’s logistics specialists to project manage the shipment to transport it onboard an Antonov AN-124-100 Freighter to […]
Agility reports net profit surge in 2016 but revenue falls
Agility’s net profit grew by 10.6 per cent in 2016 compared to 2015 reaching KD 59.1 million ($193 million) as cost-cutting measure paid off. The Kuwaiti logistics firm’s revenue was down 5.3 per cent to KD 1,234.0 million in 2016 and EBITDA was up 15.4 per cent to KD 115.2 million. For the fourth quarter 2016, Agility […]
Agility opens pharma facility at Hyderabad
Kuwaiti freight forwarder Agility has opened a specialist facility for pharmaceutical products at Hyderabad International Airport in India. The facility has a footprint of 6,000 square metres and it will serve the array of pharma manufacturers that are spread across the area in Hyderabad, Goa, Pune, Vizag and Bengaluru. Agility says the first temperature-controlled life sciences storage and handling facility […]
Racehorses fly first class to Kuwait with Etihad Cargo
Etihad Cargo has transported 72 elite racehorses from the UK to Kuwait following the European racing season. The racehorses, worth a combined £36 million ($45 million) travelled from Stansted Airport to Kuwait City on board a Boeing 777 Freighter, where they will spend the winter months training and racing. Etihad Cargo has transported more than […]
Agility sees net profit rise of 11% in Q3
Agility has reported a net profit of 15.17 million Kuwaiti Dinar (KD) ($49.8 million) in the third quarter (Q3) of 2016 – an increase of 11 per cent compared to Q3 of 2015. The Kuwaiti freight forwarder’s earnings before interest, taxes, depreciation and amortisation (EBITDA) was 28.90 million KD, a 19 per cent rise on the same period in […]
Nine countries added to UPS Worldwide Express Freight
UPS is expanding its UPS Worldwide Express Freight service to nine new countries for urgent, time-sensitive and high-value international shipments over 70 kilogrammes. The service is now available in Bahrain, Bangladesh, Kuwait, Malta, Morocco, Pakistan, Qatar, Sri Lanka and Tunisia. UPS says that the number of companies using the service has increased 250 per cent […]
Kuwait Airways launches Shannon transit service
Shannon Airport welcomed Kuwait Airways on 24 June – a new transit service on its Kuwait to New York John F Kennedy International Airport bellyhold route. The service will operate three times a week on Friday’s, Sunday’s and Wednesday’s on a Boeing 777-200. This is the first time ever that Kuwait Airways will have a […]
Agility posts net profit rise, but revenue falls
Net profit rose by 10.9 per cent to 13.1 million Kuwaiti Dinars ($43.4 million) in the first quarter (Q1) of this year at Kuwaiti firm Agility. Agility’s Earnings before interest, taxes, depreciation and amortization was up 12.1 per cent, to 26.2 million KD, compared with Q1 2015. Revenue for Q1 stood at 298.8 million KD, […]
Etihad Cargo adds freighter services
Etihad Cargo has expanded its Middle East network to Kuwait by adding an additional freighter and introduced a new twice weekly service into Muscat in Oman. The twice weekly Airbus A330 freighter service to Kuwait and the new operations on an A330 freighter to Muscat have commenced and are now available to customers. Etihad Cargo […]
Cattle transported from Leipzig to Kuwait
A shipment of 165 cattle was transported from Leipzig Halle Airport to Kuwait using an AirBridgeCargo Airlines Boeing 747-8 Freighter. The animals, from the German state of Saxony-Anhalt, were transferred from trucks to transport boxes at the airport’s Animal Export Center, a 1,300 square metre facility that has been operating since 2010. The handling was […]
Net profit up 5% in Q3 for Agility
Agility has posted a net profit of 13.7 million Kuwaiti Dinar (KD) ($45 million) in the third quarter (Q3) of 2015, an increase of five per cent compared to Q3 of 2014. The logistics company says for the first nine months of 2015, its profits were 39 million KD, a five per cent rise from same period last year. […]