Tuesday, July 23, 2024

High yields make up for lower volumes at Agility

Airfreight volumes at Agility were down significantly in the third quarter of 2019 but higher yields partially made up for the fall. The division’s volumes fell 15.8% due to trade concerns and lower demand from customers across industries and geographies. Yields in net revenue/ton increased 15.5%, meaning airfreight net revenue only decreased by 2.8%. Gross […]

Agility profits grow 30 per cent in the first quarter

Agility had a strong first quarter with double digit revenue growth at net profits increasing 29.8 per cent to 18.9 million Kuwaiti Dinars (KD) ($62.4 million). Revenue was up 16 per cent to KD 371.8 million with strong growth in all areas including airfreight. Airfreight revenue increased 22.1 per cent driven by strong volume growth, […]

Agility launches the Shipa Freight online forwarding platform

Agility has launched Shipa Freight, an online forwarding platform, enabling businesses to quote, book, pay and track freight online. It is the first fully integrated online freight service allowing users to get rate quotes and book, pay and track ocean and air shipments around the world. Shipa Freight provides instant, no-obligation rate quotes from the […]