The company, which was acquired by Agility on 4 August 2022, has enjoyed accelerated growth over the past 12 months, successfully entering six new countries and growing its workforce to 40,000 employees – the highest in the company’s 190-year history. Accelerating global growth With a focu...

Agility, a supply chain services, infrastructure and innovation company, announced that it has finalized its acquisition of UK-based John Menzies PLC and will combine the business with its National Aviation Services (NAS) business to create a world leader in aviation services in 58 countries. Onc...

The boards of Agility Public Warehousing Company K.S.C.P. (Agility) and one of its wholly-owned subsidiaries, and the board of John Menzies PLC (Menzies) have today announced that they have reached agreement on the terms of a recommended cash offer to acquire 100% of the ordinary shares in Menzies a...

John Menzies has approved a proposal for takeover from Agility subsidiary National Aviation Services (NAS) Holding following its rejection of an previous offer. The Board of Menzies (the “Board”) announces that it has received a further revised proposal from NAS, a subsidiary of Agility, rega...

The Danish transport and logistics company DSV Panalpina has bought Agility’s Global Integrated Logistics (GIL) for $4.2 billion. GIL is part of Agility and is based in the Middle East where it operates as a freight forwarding and contract logistics provider (3PL). In 2020, it generated $4 ...

CHAMP Cargosystems, along with Qatar Airways Cargo and Agility has completed the first phase of the IATA ONE Record pilot to showcase the benefits and feasibility of the initiative.   The ONE Record project proposes a solution by defining a common API (Application Programming Interface...

Global logistics provider Agility have reported that third quarter 2019 airfreight volumes were down significantly but yields were slightly higher for the fall. Third-quarter earnings of 13 fils per share on net profit of KD 21.7 million, an increase of 8.4% (or 12.1% excluding IFRS16 impact) ov...

Kuwait headquartered logistics provider and forwarder Agility has invested $18 million in green supply chain technologies through its corporate venture arm Agility Ventures. The announcement came as part of Agility’s launch of its latest sustainability report: "Values into Action." It follows ...

Kuwait freight forwarder and logistics provider Agility has reported net profit rose 8.1 per cent to KD 21.6 million in the second quarter of 2019. Revenue was up 3.2 per cent to KD 396.3 million, while EBITDA (Earnings before interest, tax, depreciation and amortization) rose 31.2 per cent to K...

Agility has been awarded the IATA’s Centre of Excellence for Independent Validators (CEIV) certification for pharmaceutical logistics for its Mumbai, India operations. The certification demonstrates Agility’s ability to ensure the integrity of pharmaceutical products throughout the supply chain...

Freight forwardering powerhouses DSV and Panalpina have agreed the terms and conditions to join forces with a Public Exchange Offer to all Panalpina shareholders. The DSV offer comprises of 195.8 Swiss Francs for each Panalpina share in a deal worth around $4.6 billion. It would create one of ...

The 2019 Agility Emerging Markets Logistics Index has found that logistics industry executives worry about global trade tensions and geopolitical threats. Other findings were that the logistics industry sees emerging markets growing at a healthy five per cent pace in 2019, but a surprising percen...

Panalpina has reported today that DSV has upped its takeover bid for the forwarder to CHF 180 per share from CHF 170 per share which it submitted last month. Last month, the Danish forwarder DSV made non-binding proposal from DSV to acquire the company at a price of CHF 170 per share, comprising ...

The freight forwarder acquisition and consolidation race is hotting up with and forwarder Panalpina has revealed it is in discussions with the Agility Group. The Swiss-based forwarder said its board of directors are talking to the Kuwaiti-based logistics group "on potential strategic opportunitie...

Agility will invest $100 million over three years to launch digital logistics platform Shipa.com that lets businesses, entrepreneurs and consumers manage their freight, e-commerce, and urban deliveries online. The company's chairwoman Henadi Al-Saleh said: "Shipa.com makes life easier through tec...