Agility Logistics
 | This article may require copy editing for grammar, style, cohesion, tone, or spelling. (November 2024) |
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| Company type | Public |
|---|---|
| Industry | Logistics |
| Founded | 1979 |
| Headquarters | Sulaibiya, Kuwait |
Key people | Henadi Al-Saleh (Chairperson) Tarek Sultan (Vice-Chair & CEO) |
| Revenue |  US$1.61 billion (2021) |
| US$3.25 billion (2021) | |
Number of employees | 16,000+ (2021) |
| Website | agility |
Agility Public Warehousing Company K.S.C.P. is a publicly traded global logistics company headquartered in Kuwait. Agility owns and operates businesses that include an aviation services company; industrial warehousing and logistics parks in the Middle East, South Asia, and Africa; a commercial real estate business developing a mega-mall in the UAE; a liquid fuel logistics business; and companies specializing in customs digitization, remote infrastructure services, e-commerce enablement, digital logistics, and more.
Agility shares have traded on the Kuwait Stock Exchange (KSE: AGLTY) since 1984 and the Dubai Financial Market (DFM: AGLTY) since 2006.[1]
Corporate Structure
[edit]Agility's businesses include:
- Menzies Aviation – One of the worlds’ largest aviation services companies with operations on six continents, providing ground services, fuel services and air cargo services.
- Agility Logistics Parks – Class A warehousing and logistics complexes in the Middle East, Africa and South Asia. Agility is the largest private owner of industrial real estate in the Middle East and Africa.
- Tristar – a liquid logistics and transport provider catering to the needs of the petroleum and chemical industries.
- United Projects for Aviation Services Company (UPAC) – commercial real estate development and facilities management company
- Shipa – digital logistics companies that provide self-service freight and logistics management (Shipa Freight); e-commerce fulfillment, IT integration and related services (Shipa Ecommerce); and last-mile and local delivery for businesses and consumers (Shipa Delivery).
- Global Clearinghouse Systems (GCS) – joint venture with Kuwait General Administration for Customs to support customs operations
- GCC Services – construction management and supply of remote living facilities for the mining, energy and engineering industries, and for international institutions.
- Inspection & Control Services (ICS) – technology and services used in customs clearance and processing.
- Agility Defense & Government Services (DGS) – public sector logistics and contracting.
- Metal and Recycling Company (MRC) – waste management.
Sustainability
[edit]Agility's sustainability[2] efforts focus on environment, community investments, humanitarian logistics, and fair labor.
Agility has been a member of Business for Social Responsibility's Clean Cargo Working Group, and the Sustainable Air Freight Alliance (SAFA). In both groups, Agility has worked with shippers, carriers and freight forwarders to improve environmental and sustainability standards, practices and tools used to measure and manage CO
2 emissions.
Agility has been a partner of the UN Global Logistic Cluster's Logistics Emergency Team (LET). The LET draws on the capacity, expertise and resources of the logistics industry to respond to humanitarian emergencies and provide effective and efficient disaster relief”.[3]
Agility has been ranked in the top 4% of the logistics industry by Ecovadis, and in the 10% of all companies overall for environmental performance. Agility is also a member of the FTSE4Good Index,[4] recognizing the company's strong ESG performance.
Controversy
[edit]From 2003 to 2010, Agility supplied food and related products to U.S. troops and contractors in Kuwait and Iraq under a series of Prime Vendor contracts awarded by the U.S. Defense Logistics Agency (DLA).[5] In May 2017, Agility and the U.S. Justice Department reached a legal settlement to resolve legal issues involving allegations that the company overcharged DLA on the food contracts. The company pleaded to a misdemeanor involving a single invoice for $551. The misdemeanor was unrelated to the Justice Department's original felony allegations, which were dropped. The company also agreed to a payment of $95 million to resolve parallel civil proceedings.[6]
References
[edit]- ^ "AGLT.KW - | Stock Price & Latest News". www.reuters.com. Retrieved 2023-04-13.
- ^ "Reports". Agility Sustainability.
- ^ "Logistics Emergency Team > Our Impact | World Economic Forum". www.weforum.org. Archived from the original on 2019-01-21.
- ^ "FTSE4Good Adds Agility to Ethical Investing Index". 18 November 2020.
- ^ "Agility pays $95m to settle US Civil Case | Iraq Business News". 2017-05-31. Retrieved 2023-12-11.
- ^ "Legal Update".