Latest Updates

Agility Reports Earnings Increases of 18% for 2018, 15% in Q4

FY 2018

(Million KD)

Q3 2017

(Million KD)

Variance

(%)

9 months 2018

(Million KD)

9 months 2017

(Million KD)

Variance

(%)

Revenue 1,550.2 1,407.0 +10.2% 399.8 386.0 +3.6%
Net Revenue 497.8 469.9 +5.9% 123.7 125.7 -1.6%
EBITDA 154.8 135.2 +14.5% 40.8 37.6 +8.4%
Net Profit 81.1 68.5 +18.4% 22.2 19.3 +15.1%
EPS (fils) 56.06 47.31 +18.5% 15.35 13.33 +15.2%

 

KUWAIT – February 16, 2019 — – Agility, a leading global logistics provider, today reported 2018 net profit of KD 81.1 million, or 56.06 fils per share, an increase of 18.4% from 2017. Revenue for the year reached KD 1,550.2 million, and EBITDA was KD 154.8 million, increases of 10.2% and 14.5%, respectively.

For the fourth quarter 2018, Agility reported a net profit of KD 22.2 million, or 15.35 fils per share, an increase of 15.1% over Q4 2017. EBITDA for Q4 2018 was KD 40.8 million, an increase of 8.4%.

Board of Directors Recommendation

Agility’s Board of Directors has recommended a cash dividend distribution of 15% (15 fils per share), along with 15% bonus shares (15 shares for every 100 shares), subject to approval of the General Assembly.

Agility Consolidated Results

“Agility has improved profitability for shareholders for 10 consecutive quarters. In 2018, Agility posted double-digit EBITDA growth for the third year in a row,” said Agility Vice Chairman and CEO Tarek Sultan.

Sultan said the company continues to invest in its future by building more than 1 million sqm of new warehousing and industrial facilities across the Middle East and Africa; building, through one its subsidiaries, the $1.2 billion Reem Mall mega project in Abu Dhabi; and investing more than $100 million in Shipa, its digital logistics platform. Cash flow from operations has been healthy and growing, while free cash flow has been limited as a result of capital expenditure that led to increased borrowing to fund strategic investments. Agility’s dividend recommendation reflects its desire to reward shareholders without inhibiting future business growth.

Sultan said Agility remains committed to achieving its target of $800 million EBITDA. However, the timeline may be stretched beyond 2020. Agility will be exploring different avenues for unlocking and maximizing value for our shareholders, including investments, acquisitions, and public offerings of certain businesses in its portfolio, he said.

Agility Global Integrated Logistics

Agility Global Integrated Logistics (GIL) revenue grew 8.6% to KD 1,153.1 million in 2018, driven by strong growth across core products. Net revenue also grew by 4.9% year-over-year, with 22.9% net revenue margins, as a result of better air freight yields and stable ocean freight yields. Full year EBIDTA rose 6.3% to KD 35.9 million, attributable to strength in freight forwarding and contract logistics, consistent execution of GIL’s commercial strategy, and management’s focus on efficiency.

On core products: contract logistics grew 8.7% its revenue, and GIL outperformed the market in both air and ocean volumes. GIL air freight tonnage increased 9.2% and ocean freight TEUs grew 6.7% vs. global market air freight volume growth of 4.5% and global ocean freight volume growth of 3.5%.

In air freight, the fastest growing verticals were fashion, industrial and high-tech. In ocean freight, Agility saw strong trans-Pacific trade lane growth, particularly in anticipation of US-China tariff implementation. However, there was an overall decline in demand and pressure on margins on these same ocean lanes for the second half of 2018. Agility GIL made new contract logistics investments in Australia, China, India and the Middle East in 2018, and has an ongoing effort to drive margin improvements in contract logistics.

In Q4, GIL revenue was KD 293.5 million, flat with Q4 2017. Net revenue increased 2.1% and net revenue margins increased to 23.1% vs. 22.7% in Q4 2017. Performance was driven by strength in freight forwarding, where air and ocean volumes increased 6.9% and 1.4%, respectively, for the fourth quarter. Strength in air freight was a result of high growth across multiple trade lanes and sales channels and especially strong demand from GIL’s strategic customers. During Q4, the US-China trade dispute and tariffs slowed overall air freight growth. GIL had stable ocean freight performance across geographies and sales channels with strong net revenue growth from strategic customers.

GIL continues to invest in technological transformation to improve efficiency and better serve customers. Digital leadership in the logistics industry is the key to its future growth, and the company is investing in its global operating platform, digital transformation strategy, and digital logistics platform.

Agility’s Infrastructure Companies

For full year 2018, Infrastructure group EBITDA grew 8.4% and revenue increased 15%. Agility is investing in these companies to drive its future growth.
Agility Logistics Parks (ALP), previously known as Industrial Real Estate, reported 6.6% revenue growth for the year, despite challenging market conditions. In Kuwait, ALP’s focus is driving the efficiency of existing assets. ALP completed construction and development of 85K sqm of warehousing space in 2018. In Riyadh, ALP completed and delivered 80K sqm of warehousing space and began constructing three facilities of 40K sqm each to be delivered in 2019 and 2020.  In Africa, ALP began construction of new facilities in Ghana, Mozambique and Ivory Coast, which will deliver additional warehousing space of about 70K sqm in 2019.  In addition, ALP added Nigeria as part of its Africa expansion program.
Tristar, a fully integrated liquid logistics company, posted 33.7% revenue growth in 2018, results propelled by full-year impact of certain contracts and new business wins from new and existing customers. Tristar continues to look for opportunities to unlock value for its shareholders.
National Aviation Services (NAS), Agility’s airport services subsidiary, grew revenue 17.3% in 2018. NAS benefitted from strong growth in Afghanistan and India; major turnarounds that yielded positive Q4 results in Morocco and Tanzania; and a full year of operations in Uganda. Performance in Cote d’Ivoire, Liberia, Rwanda and Abu Dhabi was flat. NAS Kuwait operations were affected by increased costs for operational and airport authority requirements, in addition to the suspension of Wataniya Airlines.
United Projects for Aviation Services Company (UPAC), a leading real estate and facilities management company operating in Kuwait, experienced a good year in 2018. Revenue fell 1.9% in 2018 due to lower volumes in Kuwait car park operations due to the recent movement of passenger traffic to the new terminals, but UPAC improved efficiencies in key operations at Kuwait International Airport, Sheikh Saad Terminal and Discovery Mall. Outside Kuwait, UPAC is developing the $1.2 billion Reem Mall project in Abu Dhabi, in partnership with National Real Estate Company (NREC).

During 2018, UPAC signed a five-year, KD 5.4 million concession contract with the Incheon International Airport Corporation (IIAC) for the development, operations and maintenance of the parking lot at Terminal 4 (T4) at Kuwait International Airport.

GCS, Agility’s customs modernization company, posted growth in revenue and EBITDA in 2018. Revenue increased 12.3% as a result of fresh trade activity, plus a new stevedoring contract win with Kuwait Ports Authority. GCS also launched a new brokerage business. It is implementing initiatives to drive efficiency and improve profitability.

Closing

“Agility’s strategy has been consistent over the last several years: drive digital leadership and efficiency improvements in GIL, and invest in expansion and new developments for our logistics parks, fuel logistics, airport services and commercial real estate businesses. As always, we thank our shareholders, customers, employees, and partners for their trust and support in Agility. We look forward to an even better 2019,” Sultan said.

Financial Performance for the full year 2018

  • Agility’s net profit reached KD 81.1 million, an 18.4% increase from KD 68.5 million in 2017. EPS was 56.06 fils, compared with 47.31 fils a year earlier.
  • EBITDA was KD 154.8 million, a 14.5% increase from 2017.
  • Agility’s revenue for 2018 was KD 1,550.2 million, an increase of 10.2% from KD 1,407 million in 2017. Net revenue increased by 5.9%.
  • GIL’s revenue was KD 1,153.1 million, an 8.6% increase from 2017.
  • Infrastructure group revenue was KD 412 million compared with KD 358.2 million in 2017, a 15% increase.
  • Agility enjoys a healthy balance sheet with KD 1,843.2 million in assets. Its net debt position was KD 135.1 million as of Dec. 31, 2018. Operating cash flow was KD 97.7 million for full year 2018.

About Agility

Agility is a global logistics company with $5.1 billion in annual revenue and 22,000+ employees in more than 100 countries. It is one of the world’s top freight forwarding and contract logistics providers, and a leader and investor in technology to enhance supply chain efficiency. Agility is a pioneer in emerging markets and one of the largest private owners and developers of warehousing and light industrial parks in the Middle East, Africa and Asia. Agility’s subsidiary companies offer fuel logistics, airport services, commercial real estate and facilities management, customs digitization, and remote infrastructure services.

For more information about Agility, visit www.agility.com

Twitter: twitter.com/agility

LinkedIn: linkedin.com/company/agility

YouTube: youtube.com/user/agilitycorp

Posted in Agility General Update

Agility Statement in Regards to Panalpina

Agility confirms that it is in early discussions with Panalpina about partnership opportunities between the logistics businesses of the two companies. Agility is always exploring opportunities to grow its business and maximize shareholder value. No agreement has yet been reached and there are no guarantees that an agreement will be reached.

For more information:

Hirzel.Neef.Schmid.Konsulenten
Andrés Luther
Jürg Wildberger
+41 43 344 42 42
contact@konsulenten.ch

Posted in Agility General Update

Emerging Markets Outlook

Highly leveraged emerging market economies are feeling the pinch from growing protectionism and tightening monetary conditions in the United States. Are policy-makers equipped to avert a hard economic landing?

This session was developed in partnership with NDTV.

This video footage is a small section taken out of the Emerging Markets Outlook webcast at the World Economic Forum Annual Meeting 2019.

To view the full video, visit World Economic Forum.

Posted in Agility General Update

Agility to Manage Logistics for Carbon Holdings

Work will support Middle East’s largest petrochemicals complex

CAIRO – January 23, 2018 – Agility, a leading global logistics provider, has signed a memorandum of understanding to manage logistics at Carbon Holdings’ industrial facilities in Egypt, including construction of the new Tahrir Petrochemicals Complex (TPC).

Agility will work with Carbon Holdings, a midstream and downstream petrochemical and process industrial plant company, to transport plastic byproducts within Egypt and to customers abroad. Agility will also handle the distribution of chemical compounds, including low-density ammonium nitrate inside Egypt and the onward distribution to container ports for Carbon Holdings’ Egypt Hydrocarbon Corporation (EHC) business.

The 5 million square-meter TPC is expected to be the largest single-train naphtha cracker in the world and will be strategically located in the Suez Canal Economic Zone in Ain Sokhna, Egypt. During construction, Agility will collaborate with Carbon Holdings to optimize heavy lift operations for the project, including in-bound movement of containers, storage and equipment for construction.

Elias Monem, CEO of Agility Middle East and Africa, said: “Agility has extensive experience serving the petrochemicals industry with a suite of solutions across the supply chain, and a strong track record of providing specialized logistics expertise. Having handled over 1,000 mega-projects globally, our specialists are well-versed in the demands of high-value, turnkey projects and have extensive capabilities in global project logistics, fuel logistics and remote-site services.”

Basil El-Baz, Chairman and CEO of Carbon Holdings, said: “Once our state-of-the art facility is operational, TPC will significantly increase Egypt’s total oil and non-oil exports. Agility’s specialized logistics services will help us achieve our ambitious growth plans. Through TPC, we expect to be able to efficiently and effectively transport our materials around the world, given the site’s strategic location in the Suez Canal Economic Zone.”

Carbon Holdings develops, owns and operates a number of petrochemical manufacturing projects in Egypt. Once operational, TPC is expected to produce approximately 4 million tons a year of product and will be the first of its kind in the Middle East and Africa. TPC will consist of a derivatives unit, three polyethylene units, three polypropylene units, and associated facilities including a co-generation plant and water desalination plant.

About Agility
Agility Global Integrated Logistics is one of the world’s top freight forwarders and providers of contract logistics. It offers ocean, air and road freight, warehousing and distribution, and integrated supply chain services in more than 100 countries. Agility GIL also provides specialist solutions for capital projects, oil and gas, chemicals, and fairs and events logistics. GIL and its parent, Agility, are pioneers in emerging markets, and leader and investors in the use of technology to enhance supply chain efficiency.  Agility is a publicly traded company with $4.6 billion in annual revenue.

For more information about Agility, visit www.agility.com/africa

Twitter: twitter.com/agilityafrica

LinkedIn: linkedin.com/company/agilityafrica

YouTube: youtube.com/user/agilitycorp

About Carbon Holdings

Carbon Holdings is a privately owned midstream and downstream petrochemical and process industrial plant company and is the principal shareholder and sponsor of several projects in the industrial zone in the Northwest Gulf of Suez, Egypt. Established in 2008 by Chairman and Chief Executive Officer Basil El-Baz, Carbon Holdings is a leader in the development and operation of petrochemical manufacturing projects in Egypt. Its portfolio includes Oriental Petrochemicals Company (OPC), a top producer of polypropylene, and Egypt Hydrocarbon Corporation (EHC), the only producer of nitric acid and low-grade ammonium nitrate in the Middle East and Africa. The company is also establishing the Tahrir Petrochemical Complex with an investment of circa USD 11 billion, which will be located in Suez Canal Free Economic Zone.

For more information:

Carbon Holdings

info@carbonholdings.com

Tel: + 20 (2) 3344-4774

Posted in Agility General Update

Agility Opens Regional Logistics and Distribution Hub in Bahrain

28,500 sqm facility expands capabilities in key market

MANAMA, Bahrain – January 10 2019 Agility, a leading global logistics provider, opened a 28,500 square meter facility in Hidd to expand its warehousing, freight, transport and specialty capabilities and serve as a regional logistics and distribution hub.

The new facility supports contract logistics with ambient, chilled and frozen storage, as well as solutions for high-value cargo. It will offer secure records management and storage and turnkey logistics for Bahrain-based manufacturers in the fast-moving consumer goods industry.

Agility is a leading provider of cross-border transportation, owning and operating a fleet of over 200 vehicles. Agility also facilitates customs brokerage for a number of multinational organizations based in Bahrain.

Essa Al-Saleh, CEO of Agility Global Integrated Logistics, said: “Bahrain is one of our key operational markets in the Middle East, offering high-quality infrastructure and a diverse community of regional business players. With an expanding population in the GCC and an increase in demand for integrated logistics services, our investment in Bahrain will help us better serve customers in the region. The opening of our new facility is a testament to our commitment to this promising market.”

The new facility, which has storage capacity of 17,000 pallet positions, represents a $10 million investment by Agility. It follows expansion of the company’s overland fleet in Bahrain to support its regional operations.

H.E. Mr. Zayed Alzayani, Bahrain’s Minister of Industry, Commerce and Tourism, said: “The Kingdom of Bahrain is undergoing rapid economic transformation and continuing to attract international investment, with the logistics industry playing a major role towards this. The industry benefits not just from Bahrain’s strategic geographic location, but also its growing infrastructure, established transport links and policies that are conducive to fostering business. The expansion of the regional logistics and distribution hub is a natural step for Agility, who have been steadily developing their operations in Bahrain since 2003.”

A recent World Bank report estimates that Bahrain’s economy will grow by 2.6 percent in 2019, driven by higher oil production and mega projects. In 2017, the total value of foreign direct investment (FDI) reached $733 million, with the share of transport and logistics being 10 percent.

Mr. Khalid Al Rumaihi, Chief Executive of the Bahrain Economic Development Board, said: “Bahrain offers the lowest setup and operating costs for a logistics business with cost savings of 30 to 40 percent compared to the rest of the GCC. This has encouraged several companies to utilize our ports and free zones in order to set up businesses and access the Gulf Cooperation Council, and the Arab world. Agility’s investments in the local logistics industry are testament to the business confidence that Bahrain provides.”

About Agility
Agility is a global logistics company with $4.6 billion in annual revenue and 22,000+ employees in more than 100 countries. It is one of the world’s top freight forwarding and contract logistics providers, and a leader and investor in technology to enhance supply chain efficiency. Agility is a pioneer in emerging markets and one of the largest private owners and developers of warehousing and light industrial parks in the Middle East, Africa and Asia. Agility’s subsidiary companies offer fuel logistics, airport services, commercial real estate and facilities management, customs digitization, and remote infrastructure services

For more information about Agility, visit www.agility.com

Twitter: twitter.com/agility

LinkedIn: linkedin.com/company/agility

YouTube: youtube.com/user/agilitycorp

Posted in Agility General Update

Agility Appointed to Handle InfoComm Events in the U.S.

Selected to be official freight forwarder and customs broker for 2019 and 2020

IRVINE, Calif. – January 9, 2019 – Agility, a leading global logistics provider, has been appointed as the official international freight forwarder and customs broker for InfoComm USA 2019 – 2020.

InfoComm is the largest professional trade show in the United States for the audiovisual and unified communications industry. The Audiovisual and Integrated Experience Association (AVIXA), headquartered in Fairfax, Virginia, produces the event each year. Agility Fairs & Events will assist exhibitors and their contractors with international logistics services, including freight forwarding; US Customs formalities; post-show warehousing; and expedited on-forwarding.

Margaret Churchill, Vice President of Agility Fairs & Events, United States, said: “This important award further expands Fairs & Events’ position in the global communications events market and broadens our technology portfolio. Agility Fairs & Events currently handles AVIXA’s InfoComm events in India and Beijing, China, as well as the Integrate show in Australia, produced in association with AVIXA, giving us an in-depth knowledge of the industry’s special needs and requirements.”

InfoComm’s 2019 event will be held at the Orange County Convention Center in Orlando, Florida. The 2020 show will be at the Las Vegas Convention Center in Las Vegas, Nevada.

About Agility

Agility Global Integrated Logistics is one of the world’s top freight forwarders and providers of contract logistics. It offers ocean, air and road freight, warehousing and distribution, and integrated supply chain services in more than 100 countries. Agility GIL also provides specialist solutions for capital projects, oil and gas, chemicals, and fairs and events logistics. GIL and its parent, Agility, are pioneers in emerging markets, and leader and investors in the use of technology to enhance supply chain efficiency.  Agility is a publicly traded company with $4.6 billion in annual revenue.

For more information about Agility, visit www.agility.com

Twitter: twitter.com/agility

LinkedIn: linkedin.com/company/agility 

YouTube: youtube.com/user/agilitycorp

Posted in Press

Agility Africa Wins Two ‘Company of the Year’ Awards

Logistics provider singled out for investments and corporate social responsibility in Africa

DUBAI – December 13, 2018 – Agility, a leading global logistics provider, has been recognized as Company of the Year by both The West Africa Regional Magazine and at the Meet the Farmers conference.

Agility Africa was named “Logistics Company of the Year” at the 2018 Meet the Farmers Conference last month in Dubai. The award recognized Agility Africa for its investments and initiatives across the continent, as well as for its corporate social responsibility activities. The Meet the Farmers Conference connects large-scale agricultural commodity producers with buyers.

In August, Agility Africa was selected as “Investment Company of the Year” by The West Africa Regional Magazine (TWARM), which recognized Agility Africa for its contributions to the growth and development of Africa through infrastructure solutions and world-class warehouses.

Agility is building a network of international-standard logistics parks in key markets across Africa to support the development of domestic and regional trade. Agility Africa currently has a 41-acre logistics park in Ghana and will open logistics parks in Maputo, Mozambique; Lagos, Nigeria; and Abidjan, Cote D’Ivoire in 2019.

“Agility Africa believes that in order to support economic development and drive growth and prosperity, the necessary infrastructure must be in place to enable trade. Being recognized with these awards is testament to our commitment to developing world-class logistics and warehouse parks across the continent,” said Geoffrey White, CEO of Agility Africa.

The Logistics Company of the Year award was presented at the Meet the Farmers at the H-Hotel in Dubai, under the patronage of H.E. Saud Salim Al Mazrouei. The awards honored companies in logistics, agri-tech, sustainability, business excellence, as well as those involved in UAE and African development. The “Investment Company of the Year” award was presented at the TWARM awards dinner in Dubai and honored companies in Investments, Business and Leadership.

About Agility

Agility Logistics Parks is one of the largest private owners and developers of warehousing and light industrial parks in the Middle East, Africa and South Asia. It funds, builds and manages world-class facilities and infrastructure that help companies operate in the world’s fastest-growing markets. Agility Logistics Parks’ parent, Agility, is a pioneer in emerging markets and a leader and investor in technology to enhance supply chain efficiency. Agility is a publicly traded company with $4.6 billion in annual revenue. Across Africa, Agility is funding and developing a network of international-standard warehouse parks providing reliable logistics infrastructure in a secure environment with consistent power and IT connectivity, with logistics parks in Ghana, Cote D’Ivoire, Mozambique and Nigeria.

For more information about Agility, visit www.agility.com/africa

Twitter: twitter.com/agilityafrica

LinkedIn: linkedin.com/company/agilityafrica

YouTube: youtube.com/user/agilitycorp

Posted in Agility General Update

Agility to Invest $100M in ‘Shipa’ Digital Logistics Platform

 

Online & mobile service makes it easy to buy, sell, move goods locally and globally

DUBAI – Agility, one of the world’s largest logistics companies, said it will invest $100 million over three years to launch Shipa.com, a digital logistics platform that lets businesses, entrepreneurs and consumers manage their freight, e-commerce, and urban deliveries online.

“Shipa.com makes life easier through technology, whether you are a small business running your supply chain with a few clicks, or a consumer getting your shopping delivered with a few taps on your phone,” Agility Chairwoman Henadi Al-Saleh said. “Shipa.com makes logistics convenient, jargon-free, trackable, accountable and accessible.”


Shipa.com’s service lines:

  • Shipa Ecommerce gives online merchants access to some of the world’s fastest growing and most complex e-commerce markets. 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. Customers are cross-border retailers based in the US, EU and Asia, as well as regional merchants based in the Middle East. Shipa Ecommerce solutions are underpinned by easy-to-use digital integration: APIs and web interfaces such as checkout integration with customer portals, websites and apps.
  • Shipa Delivery offers businesses and consumers on-demand same-day, next-day or cross-border delivery across the Arabian Gulf. Intuitive and easy-to-use, the platform is accessible by mobile or directly integrated with its business customers’ systems, and provides solutions to optimize for speed, convenience, and affordability. Hassle-free delivery is now a reality.
  • Shipa Freight allows small businesses to get instant and transparent freight quotes, and to book, pay and track ocean and air shipments around the world on any digital or mobile device. It is the industry’s first and most advanced fully integrated online freight service, and is available in 100+countries.

“Logistics is the backbone of commerce. But it’s complex, and that complexity is disproportionately difficult for small businesses to navigate. Small businesses often lack access to the logistics resources, tools and solutions that larger businesses have,” Al-Saleh said. “No wonder then, that we interviewed 800 small and medium-sized businesses around the world, we found that 78% wanted to see their logistics move online. Shipa helps close that gap, empowering small businesses to take advantage of the opportunities being created by the global digital economy.”

Shipa.com is powered by Agility’s global network and infrastructure. Agility operates in more than 100 countries with 22,000 employees, and has warehouses in strategic locations around the world. It is the largest private owner of industrial real estate in the Middle East and Africa, and a leading developer of and investor in logistics technology.

Al-Saleh described Shipa.com as “Agility’s innovation arm,” accelerating the introduction of technology, development of new digital products, and the overall pace of change in both the parent company and the industry more broadly.

“Shipa.com is the marriage of Agility’s logistics expertise and resources and the digital-first capabilities of the Shipa platform. It offers enormous value for our customers and brings new value to our company,” Al-Saleh said.

About Shipa

Shipa is a digital logistics platform that helps businesses, entrepreneurs and consumers move goods across borders or across town with a few clicks. Shipa Freight helps small and medium-size businesses move freight around the world and tap into opportunities offered by the global economy. Shipa Ecommerce manages e-commerce fulfilment, delivery and returns across the Arabian Gulf for merchants based in the US, EU, Asia and the Middle East. Shipa Delivery provides hassle-free, same-day, next-day and on-demand urban delivery services across the GCC. Shipa is the innovation arm of Agility, one of the world’s largest logistics providers.

For more information about Shipa, visit www.shipa.com

Social Media: Twitter  |  LinkedIn  |  YouTube  |  Facebook

Posted in Agility General Update

Shipa Freight Named “Logistics Technology Platform of the Year”

New online freight platform captures honor at inaugural Dubai logistics awards

DUBAI – Shipa Freight, the leading online freight platform, was named Logistics Technology Platform of the Year at the first-ever Transport and Logistics Middle East Awards in Dubai.

The award, presented by Transport & Logistics Middle East, recognized the platform that offers the best solutions through use of cutting-edge technologies such as automation, smart freight forwarding and data analytics to increase speed, efficiency and safety while lowering costs in operations and systems.

Shipa Freight, launched in April, is the first fully integrated online freight platform that allows users to get rate quotes and book, pay and track ocean and air shipments around the world online. Shipa Freight allows users, especially small and medium-sized businesses, to manage international shipments with a simple, easy-to-use tool accessible by computer, tablet and mobile app.

Toby Edwards, CEO, Shipa Freight, said: “This award has huge significance, especially considering that we’ve only been serving customers for a short time. It shows the impact we’ve already made with our technology and the value we are bringing to our customers, particularly to SMEs competing with bigger rivals and trying to grow through cross-border trade.”

The award was presented on November 12 at the Roda Al Bustan Hotel in Dubai. The ceremony brought together the most prominent players from the Middle East logistics and supply chain sector. The awards honored companies implementing state-of-the-art operations and processes that are changing the logistics sector in the region.

Shipa Freight is backed by Agility’s global network of more than 22,000 experienced employees in over 100 countries, It gives customers the support of a trusted global network and allows small and medium-size companies to access the world’s growing markets. Shipa Freight is one of several technology-led innovations that Agility is using to make logistics more efficient and effective for customers.

About Shipa Freight

Shipa Freight is the first fully integrated online freight platform. It provides small and medium-sized businesses with instant, no-obligation rate quotes and allows customers to book, pay and track ocean and air shipments around the world. Based in Dubai, Shipa Freight is backed by Agility, one of the world’s leading logistics providers, operating in more than 100 countries worldwide.

For more information about Shipa Freight, visit www.shipafreight.com/

Twitter: twitter.com/ShipaFreight

LinkedIn: linkedin.com/company/shipafreight/

YouTube: youtube.com/ShipaFreight

Posted in Agility General Update

Agility Malaysia Receives ‘30 Years of Excellence Award’

Recognizes achievements in events logistics

KUALA LUMPUR, Malaysia – October 18, 2018 – Agility, a leading global logistics provider, received the 30 Years of Excellence Award from the Malaysian Association of Convention and Exhibition Organisers and Suppliers (MACEOS).

The award honors Agility Malaysia for its outstanding achievements in the business events industry. In Malaysia, Agility is a recognized leader in full-service, end-to-end management of trade fairs, expositions and events transportation.  Agility has handled a number of major exhibitions in Malaysia, including key defense, sports and entertainment events, auctions and fine arts showcases.

The evaluation for the award was based on criteria that include at least 30 years of continuous success and commitment in achieving excellence, financial stability, and professional integrity,  as well as a commitment and contribution to the community in addition to industry and market leadership.

“Agility has come a long way to become a cohesive organization with employees who work toward mutual goals and contribute to business excellence. We are undergoing a digital transformation that will continue to enable us to innovate and improve the way we meet the logistics requirements of our customers and bring more convenience to the community,” Agility Malaysia CEO Richard Strollo said.

MACEOS is an association of roughly 100 companies, including exhibition organizers, conference organizers, destination management and event management companies, venue owners, hoteliers, IV/AV suppliers, stand contractors and freight forwarders. MACEOS is recognized as the voice of the meetings, incentives, conferences and events (MICE) industry in Malaysia, and has a focus on education to build human capacity for the industry.

About Agility

Agility Global Integrated Logistics is one of the world’s top freight forwarders and providers of contract logistics. It offers ocean, air and road freight, warehousing and distribution, and integrated supply chain services in more than 100 countries. Agility GIL also provides specialist solutions for capital projects, oil and gas, chemicals, and fairs and events logistics. GIL and its parent, Agility, are pioneers in emerging markets, and leader and investors in the use of technology to enhance supply chain efficiency.  Agility is a publicly traded company with $4.6 billion in annual revenue.

For more information about Agility, visit www.agility.com

Twitter: twitter.com/agility

LinkedIn: linkedin.com/company/agility

YouTube: youtube.com/user/agilitycorp

Posted in Agility General Update