Agility, which is aligning itself in the ‘digital’ forwarder category, has announced a mixed set of results for its third quarter, as challenges in the freight forwarding industry hit its logistics division.
Its Global Integrated Logistics (GIL) business saw ebitda fall 1% year on year to KWD7.8m ($25.6m), which, the company said, was down to increased operating expenses for new facilities and new digital investments.
But the biggest surprise was a 15.8% fall in …
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https://theloadstar.com/profits-rise-as-agility-continues-to-forge-ahead-with-digital-development/