Profits rise as Agility continues to forge ahead with digital development

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 …

The post Profits rise as...

https://theloadstar.com/profits-rise-as-agility-continues-to-forge-ahead-with-digital-development/

Traditional forwarders beginning to see the threat from online platforms

While uncertainty in global trade is proving prosperous for the forwarding community, legacy forwarders appear to have now fully realised the threat posed by online platforms.
A Logistics, Trends, and Insights (LTI) report claims traditional players have made “significant investments” to offset threats from online operators entering the $220bn global market.
“Many legacy forwarders have launched their own online platforms, which they believe presents an opportunity to attract...

https://theloadstar.co.uk/traditional-forwarders-beginning-see-threat-online-platforms/

Agility expands its digital platform to target e-commerce and urban deliveries

Every day sees the freight industry become more digitised, with Agility the latest company to announce it is pumping money into technology with a $100m investment in its digital platform, Shipa.com.
The forwarder launched Shipa Freight earlier this year and now plans to extend its services to manage e-commerce and urban deliveries.
Shipa Freight was set up to cater for SMEs’ air, ocean, FCL and LCL loads. Under the Shipa.com brand, Agility will …

The post Agility expands its digital platform to...

https://theloadstar.co.uk/agility-expands-digital-platform-shipa-com-aimed-e-commerce-urban-deliveries/

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