CFA: Air cargo trade lanes can adapt to a trade war [VIDEO]

During a roundtable panel discussion at the 8th annual Cargo Facts Asia symposium held last month in Shanghai, executives from Agility and China Southern Airlines discussed the impact of the United States-China trade war on the Asia-Pacific air cargo market. According to panelists, while trade flows have shifted in the region as a result of […]
  • Caryn Livingston
  • May 16, 2019

Agility posts growth in Q1 revenue, airfreight tonnage

Kuwait-based Agility’s airfreight business grew across several trade lanes and sales channels in the first three months of 2019, resulting in a tonnage growth of 5.2% in the first quarter. As a whole, Agility posted a net profit of $66.8 million, 7.3% higher than in the first quarter of 2018. Earnings before interest taxes, depreciation […]
  • Jeff Lee
  • May 13, 2019

Agility survey predicts effects of trade tensions, emerging economies

Kuwait-based international forwarder Agility Logistics released its emerging markets logistics analysis that shows the hindrances that protectionist policies pose to the momentum of globalization, but also highlighted some emerging markets that are being fueled by a continued demand for e-commerce. At the forefront of the study, Agility noted that, since July 2018, the International Monetary […]
  • Nina Chamlou
  • March 5, 2019

Possible M&A target Agility reports double-digit profit growth in 2018

Just days after Switzerland-based Panalpina made an offer to purchase Agility Logistics, the Kuwaiti forwarder released its end-of-the-year financial results for 2018, which show that it maintained impressive margins at both the full year and the quarterly level. Agility said on Friday that  it was considering Panalpina’s offer however, negotiations are still in the preliminary […]
  • Nina Chamlou
  • February 18, 2019

Agility increases net profit, air freight volumes in Q3

Kuwait-based international logistics company Agility released its third-quarter results, which show a 12.3 percent increase in net profit, year-over-year, to US$65.7 million, and an increase in earnings before interest, taxes, depreciation and amortization (EBITDA) of 14.8 percent to US$128.8 million. Airfreight tonnage increased 11.4 percent, which the company said was driven by tonnage and yield […]
  • Nina Chamlou
  • November 12, 2018

Agility sets bullish logistics outlook for 2018

Kuwait-based 3PL Agility has published its “2018 Emerging Markets Logistics Index,” a sweeping overview that actually takes into consideration markets that are technically past the “emerging” designation, to provide a logistics outlook for the global economy. The report’s airfreight coverage confirms growth where most observers expected it to be, but also delivers a few surprises, […]
  • Lewis King
  • January 24, 2018

TIACA woos millennials with industry immersion program

Millennials aren’t flocking to the logistics business, prompting TIACA to back a program of visits aimed at improving collaboration across the air cargo supply chain. Young professionals from six companies in the Netherlands have completed a series of visits aimed at “improving collaboration across the air cargo supply chain.” Staff from companies including Air France […]
  • Lewis King
  • February 21, 2017

Cargo execs reflect on industry

One of the air cargo sector’s strengths is its breadth of astute management. As the industry heads optimistically into the uncertainty of 2014, it will rely heavily on the guidance of its top executives. Air Cargo World has selected six of the industry’s best to highlight in our annual Air Cargo Leaders feature. United Cargo […]
  • Staff Reports
  • November 26, 2013