Agility will manage logistics at Carbon Holdings’ industrial facilities in Egypt, including construction of the new Tahrir Petrochemicals Complex (TPC).
The new facility, which has storage capacity of 17,000 pallet positions, represents a US $10 million investment by Agility. It follows expansion of the company’s overland fleet in Bahrain to support its regional operations.
Agility is bullish on growth as e-com demand rises and it looks to emerging markets in Africa.
Agility is investing US $100-million in its new digital arm Shipa.com as survey finds 78% of SMEs want to see their logistics move online.
The Agility subsidiary was started in May for the GCC’s small and medium sized businesses to use freight services at an affordable rate, according to its chief executive Borhene Ben Mena.
The Carbon Trust’s assurance allows Agility to demonstrate that its carbon reporting methodology and processes comply with the organization’s reporting guidance for transparency and accuracy.
TradeLens has been joined by 94 major players like freight forwarder Agility, CEVA Logistics, ocean carrier Pacific International Lines (PIL) and a network of 20 port and terminal operators that span 234 maritime gateways.
Bolstered by its thriving logistics business, the company reported a 20% rise in net profit for the quarter
Agility has been awarded a contract by the US-based Defence Logistics Agency to provide fuel storage services in Guam.
The hub’s logistics infrastructure will provide better facilities for the import and warehousing of raw materials, and for the export and distribution of intermediate and final goods through the Suez Canal Ports.
Cummins will use the facility to stock and distribute a range of over 10,000 spare parts for Cummins’ operations across West Africa.
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