Agility Logistics
 |
|
| Public(" & DFM: AGLTY") | |
| Industry |
Logistics Facility Management Government contractor Freight Forwarding Supply Chain Management |
| Founded | 1979 |
| Headquarters | Sulaibiya, Kuwait |
|
Key people
|
Tarek Sultan (CEO) Essa Al-Saleh (President and CEO, Agility Global Integrated Logistics) Dan Mongeon (President and CEO, Agility Defense & Government Services) |
| Revenue |
 US$ 4.64 billion (2017) |
|
US$ 225.87 million (2017) |
|
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Number of employees
|
22,000+ (2015) |
| Website | http://www.agility.com |
| Revenue |
US$ 3.50 billion (2017) |
|---|---|
| Website | www |
| Revenue |
US$ 1.14 billion (2017) |
|---|---|
| Website | www |
Agility is a publicly traded global logistics company headquartered in Kuwait. It provides freight forwarding, transportation, warehousing and supply chain management services to businesses, governments, international institutions and relief agencies worldwide. Agility has more than 22,000 employees and 500 offices in 100 countries.
Agility shares have traded on the Kuwait Stock Exchange (KSE: AGLTY) since 1984 and the Dubai Financial Market (DFM: AGLTY) since 2006.
Agility’s primary business is commercial logistics. Its commercial arm, Agility Global Integrated Logistics (GIL), is headquartered in Sulaibiya, Kuwait. Agility GIL manages the shipment and delivery of finished goods, parts, raw materials and other cargo by sea, air, road or a combination. GIL provides warehousing and distribution services, along with services and technology that track and manage shipments and inventory.
GIL’s logistics specialty businesses provide logistics for the chemicals industry (Agility Chemicals), trade shows and events (Agility Fairs & Events), and customers with large, complex projects in the energy, mining and marine industries (Agility Project Logistics).
Agility’s other businesses include:
Tarek Sultan is the Chief Executive Officer of Agility. He was a past chair of the World Economic Forum Board of Governors for the Logistics and Transportation Industry.
Sultan holds an MBA from the Wharton School of the University of Pennsylvania and is a member of Wharton’s International Advisory Council. Before joining Agility, he was managing director of New York Associates, a regional investment banking firm, and an associate with Southport Partners, a U.S.-based corporate finance advisory firm specializing in the technology sector.
Agility began as a state-owned Kuwaiti company established in 1979 as Public Warehousing Co. (PWC). Tarek Sultan was named chairman and managing director when the company was privatized in 1997.
After privatization, Agility pursued a strategy of investment and expansion in the Middle East, Asia, Africa and Latin America, where many of its more established competitors had yet to set up. The company grew rapidly by acquiring other logistics companies and assets such as warehouses and trucks. Some of its most significant purchases included the USA-based companies Geologistics Corp., Transoceanic Shipping Co. Inc., WTS of Houston and Global Express Line. Also purchased were Singaporean company Trans-Link Group, Swiss company Cronat Transport Holding AG, Globe Marine Services of Saudi Arabia, Cosa Freight in China Kenya-based Starfreight, and Tristar transport of UAE. The company also expanded its Latin American operations with the acquisition of Trafinsa SA de CV in Mexico and Itatrans in Brazil.
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Wikipedia