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.

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

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

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.

Media

 Ramzi Al Zerouni (left), General Manager – Administration, Government & Business Affairs, and Paul Rehmet, Chief Product Officer (center), accept the Logistics Technology Platform of the Year award from Jude Fernandes, Head of Cargo Business Planning, Dubai Airports (right).

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

Q3 2018

(Million KD)

Q3 2017

(Million KD)

Variance

(%)

9 months 2018

(Million KD)

9 months 2017

(Million KD)

Variance

(%)

Revenue 394.4 358.5 +10% 1,150.4 1,021.1 +12.7%
Net Revenue 125.2 115.5 +8.4% 374.1 344.1 +8.7%
EBITDA 39.2 34.2 +14.8% 114 97.6 +16.9%
Net Profit 20 17.8 +12.3% 58.9 49.2 19.7%
EPS (fils) 13.8 12.3 +12.3% 40.7 34 19.8%

KUWAIT – November 8, 2018 – Agility, a leading global logistics provider, today reported third-quarter earnings of 13.8 fils per share on net profit of KD 20 million, an increase of 12.3% over the same period in 2017. Agility EBITDA grew 14.8% to KD 39.2 million. Revenue increased 10% to KD 394.4 million.

For the first nine months of the year, earnings rose to 40.7 fils per share and net profit increased 19.7% to KD 58.9 million. EBITDA was KD 114 million, an increase of 16.9%. Revenue for this period was KD 1,150.4 million, an increase of 12.7%.

“Our third-quarter results build on the momentum Agility has achieved throughout 2018,” said Tarek Sultan, Agility CEO and Vice Chairman. “We have seen double-digit EBITDA growth in our logistics business and across our portfolio of subsidiary companies. The company’s investments in technology and emerging markets infrastructure are paying off with better productivity, a growing customer base, and a diversified service and geographical offering. The company continues to track towards its goal of $800 million EBITDA by 2020 and its objective of becoming the digital leader in the logistics industry.”

Agility Global Integrated Logistics (GIL)

GIL continues to successfully implement a strategy based on trade lane development, flexible and agile customer solutions and productivity optimization.

GIL gross revenue rose to KD 292.2 million, an increase of 7% vs. Q3 2017.  Net revenue grew 5.1%, reaching KD 64.8 million. The net revenue increase was driven mainly by Air Freight (up 15.6%) and Contract Logistics (up 6.4%).

Strong Air Freight performance was driven by increases in both tonnage and yield growth. In Q3 2018, air tonnage increased 11.4% vs. Q3 2017. Air Freight grew across multiple trade lanes and customer segments.

Ocean Freight net revenue grew 4.2%, mostly on volume growth despite slight yield compression. Volume increased 6.7% over the same period a year earlier. Ocean Freight growth was primarily driven by Americas and the Middle East.

GIL continues to invest in its Contract Logistics portfolio, especially in Asia Pacific and the Middle East. Contract Logistics generated a gross revenue increase of 7.7% in Q3.

GIL posted net revenue margins of 22.2% in Q3 vs. 22.6% in Q3 2017.

GIL’s third-quarter EBITDA was KD 7.8 million, a 26% increase over the same period a year earlier. EBITDA margins improved to 2.7% up from 2.3%.  Through the first three quarters of 2018, GIL EBITDA is up 17% year-on-year.

The sources of GIL’s continued near-term growth remain its ability to use digital technology and data to enhance its productivity and develop insights and answers for customers needing solutions and better connectivity. GIL remains focused on core drivers of its profitability.

Agility’s Infrastructure Companies

Agility’s Infrastructure group EBITDA rose 17.1% to KD 34.4 million in Q3. Revenue grew 16.1% to KD 105.6 million. For the first three quarters, EBITDA grew 34.6% and revenue increased 15.3%. All entities in the group contributed to this performance.

Agility Logistics Parks (ALP), previously Industrial Real Estate, reported 4.8% revenue growth in the third quarter, despite challenging market conditions. In Kuwait, ALP’s focus is driving the efficiency of the existing assets. In Riyadh, ALP has started delivering warehousing space and is on track with the development of the second phase of its logistics park, which will deliver an additional 120k sqm capacity. ALP development in Africa is proceeding well. In addition to Ghana operations, facilities in Mozambique, Nigeria and Cote d’Ivoire are expected to become operational in 2019.

Tristar continues to look for new opportunities. It is diversifying operations and broadening its geographic reach.

NAS’s performance in Kuwait was a bit challenging this quarter, however, operations outside Kuwait performed better in Q3 than a year earlier. NAS Afghanistan performance was better than last year due to an increase in the number of flights coupled with stringent cost control. NAS Cote d’Ivoire experienced a slight growth in profitability; Morocco and Tanzania also significantly improved their performance in Q3. NAS also expanded operations into Uganda, which added to its EBITDA.

GCS, Agility’s customs modernization company, reported healthy Q3 growth as he result of improved efficiency and efforts to optimize service offerings.

UPAC’s net profits increased in Q3. Operations at Kuwait Airport and other prominent locations in Kuwait continue to be the main contributor to UPAC’s financial performance. Construction of Reem Mall in Abu Dhabi is moving forward according to plan.

Recap of Agility Q3 Financial Performance

  • Agility’s net profit increased 12.3% to KD 20 million in Q3 2018. EPS was 13.8 fils vs. 12.3 fils a year earlier.
  • Agility’s Q3 EBITDA increased 14.8% to KD 39.2 million.
  • Agility’s Q3 revenue rose 10%, to KD 394.4 million and net revenue increased by 8.4%.
  • GIL Q3 revenue grew by 7% to KD 292.2 million.
  • Infrastructure’s Q3 revenue grew 16.1% to KD 105.6 million.
  • Agility enjoys a healthy balance sheet with KD 1.8 billion in assets. Net debt position was KD 138.4 million as of September 30, 2018. Operating cash flow was KD 55.3 million for the first nine months of 2018.

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

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.

 

Certification gives customers opportunity to accurately offset estimated CO2 emissions

KUWAIT CITY – October 17, 2018 – The Carbon Trust, an independent expert in sustainable strategies and technologies, has validated the methodology and processes that Agility uses to generate carbon footprint reports for logistics customers.

The Carbon Trust’s assurance allows Agility to demonstrate that its carbon reporting methodology and processes comply with the organization’s reporting guidance for transparency and accuracy. To receive assurance, Agility developed a methodology to ensure the accurate monitoring, quantifying and reporting of CO2 emissions data from the movement of customer cargo.  This methodology was audited extensively and approved by the Carbon Trust, and it has now been incorporated into Agility’s carbon reporting processes.

Agility has been providing free carbon footprint reports to customers since 2009, enabling them to track and reduce the amount of CO2 emissions created in their supply chains. With the Carbon Trust assurance, Agility’s customers can now use the free CO2 reports to offset emissions resulting from the transportation of their shipments. This information is also available to small and medium-sized logistics customers (SMEs) using Shipa Freight, the online freight service powered by Agility. Shipa Freight customers will get free CO2 emissions estimates for their shipments when they receive quotes and invoices.

Frank Clary, Agility’s Vice President of Corporate Social Responsibility, said: “Agility and others in the logistics industry are determined to address the challenge of climate change. The Carbon reporting that is validated by an internationally recognized expert such as the Carbon Trust is a key part of this. Armed with accurate information, our customers can understand their carbon footprint and take steps to create cleaner, and in some cases zero-emission supply chains by offsetting reported CO2 emissions.”

Clary said that for the first time SMEs can also make use of carbon-estimating technology to scrutinize their supply chains and choose shipment options that reduce their emissions. “Shipa Freight, our online freight platform, provides SME customers with this information even at the quote stage. That helps them make informed, accurate decisions for their business and the environment.”

Hugh Jones, Managing Director, the Carbon Trust, said: “Companies are starting to pay a lot of attention to the carbon emissions in their supply chains, especially in areas with the highest impacts such as logistics. By taking a best practice approach to emissions measurement, Agility is able to meet this demand by supplying its customers with accurate, credible data which they can rely on to understand, manage and offset carbon emissions. At the same time, Agility’s Carbon Trust-assured measurement should unlock new opportunities, demonstrating Agility’s competitive advantage in offering carbon cutting solutions, which are often synonymous with efficiency and effective cost savings.”

Agility uses sustainable business practices in its own operations and works with customers and suppliers to develop and adopt sustainable practices. EcoVadis, an independent organization that evaluates and rates corporate sustainability programs, recently ranked Agility in the top 4 percent in environmental performance in its industry.

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

For more information:
Sabrina Mundy

[email protected]

+44 1273 716 826

Man Bites Dog

About the Carbon Trust

Established in 2001, the Carbon Trust works with businesses, governments and institutions around the world, helping them contribute to – and benefit from – a more sustainable future through carbon reduction, resource efficient strategies, and commercialising low carbon businesses, systems and technologies.

  • We work with corporates and governments, helping them to align their strategies with climate science and meet the goals of the Paris Agreement.
  • We provide expert advice and assurance, giving investors and financial institutions the confidence that green finance will have genuinely green outcomes.
  • We provide independent insight and support the development low carbon technologies and solutions, building the foundations for the energy system of the future.

Headquartered in London, we have a global team of over 30 nationalities based across five continents.

For more information:

[email protected]

+44(0)207 170 7050

Official freight and on-site handler for leading “built environment” event

LONDON – September 27, 2018 – Agility, a leading global logistics provider, has been appointed as the official freight and on-site handling contractor for Futurebuild 2019, the leading event for “built environment” industries that include construction, engineering, architecture, design, planning, materials, landscaping and sustainment.

Held annually at ExCeL London, Futurebuild showcases the latest built environment ideas and technology and is expected to draw more than 26,500 senior decision makers and other visitors.  Agility will provide full global exhibition freight and on site services including; freight forwarding; pre- and post-show warehouse handling; and forklift and heavy lift operations.

Martin Hurn, Managing Director of Futurebuild Events, said: “Agility has a proven track record of supporting the delivery of some of the world’s leading events and exhibitions, and its expertise will be a huge benefit to our exhibitors and visitors in making sure the event runs smoothly. As Agility is onsite at ExCeL, we’re able to significantly reduce road freight in the run up to Futurebuild 2019. This also means we can make use of vast storage space, and maximize re-use of exhibition materials in future events.”

Garcia Newell, Business Development Director for Agility Fairs & Events UK, said: “Our extensive experience working at ExCeL London, as well as our onsite facilities, will help Agility provide seamless services to both Futurebuild Events and their exhibitors.”

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 Agility.com
Twitter: twitter.com/agility
LinkedIn: linkedin.com/company/agility
YouTube: youtube.com/user/agilitycorp