Monthly Archives: August 2019

Agility Invests $18 Million in Green Supply Chain Technologies

BAAR, Switzerland – 27 Aug, 2019 – Agility, a leading global logistics provider, announced that it has invested $18 million in green supply chain technologies so far through its corporate venture arm Agility Ventures.
The announcement came today as part of Agility’s launch of its latest sustainability report, “Values into Action.” It follows the news that […]

Posted in Agility General Update

Insights | New Fuel Rules for Ocean Freight

What Shippers Need to Know by Cas Pouderoyen, Senior Vice President, Global Ocean Freight.
Click here to read full article

Posted in Agility General Update

Agility Reports 8.1% Q2 Earnings Increase

KUWAIT – August 13, 2019 – Agility, a leading global logistics provider, today reported second-quarter earnings of 12.99 fils per share on net profit of KD 21.6 million, an increase of 8.1% over the same period in 2018. Q2 EBITDA grew 31.2% to KD 48.6 million, and revenue increased 3.2% to KD 396.3 million.
First-half earnings […]

Posted in Agility General Update

U.S. Court Rules for Agility in KGL Defamation Case

Pennsylvania Court Affirms 2018 Ruling for Agility
KUWAIT – August 6, 2019 – A state court in the United States last week upheld a lower court ruling in favor of Agility in a case that arose after a whistleblower letter informed the U.S. government of business relationships that existed between KGL and state-owned Iranian entities.
The Pennsylvania […]

Posted in Agility General Update