Mark McKenna named general manager of Priority Freight's Dover operation
UK-based time-critical logistics specialist Priority Freight has appointed supply chain veteran Mark McKenna as general ...
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Agility Logistics saw nine-month revenue pass KD1bn ($3.2bn), leading to a double-digit bounce in earnings and staying on track for 2020.
Despite a “tough market”, the Kuwait-headquartered operator saw revenue, EBITDA and net profit increase by 11%-18%, year on year.
Revenue was up 11.1%, while earnings (EBITDA) rose 16.5% to KD97.6m, generating net profit of KD49.2m.
Chief executive Tarek Sultan said the company remained on track to meet its 2020 EBITDA target of $800m.
“Agility’s global logistics business has shown double-digit growth in air and ocean tonnage, and contract ...
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