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Agility reports decline in profit despite airfreight gains

Caryn Livingston by Caryn Livingston
August 17, 2020
in Cargo Traffic, Freight Forwarders
Reading Time: 2min read
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Kuwait-based Agility Logistics reported a cumulative negative impact from the coronavirus pandemic during the first half of 2020, with overall net profit down 61.3% year over year to 16.2 million Kuwaiti dinars ($53.1 million). Across Agility’s Global Integrated Logistics (GIL) division, revenue was strong for contract logistics, project logistics and airfreight segments, but fell in […]

 

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