Latest news from Heavy Lift & Project Forwarding International Magazine

Agility's Q1 profit surge

April 30 - Kuwait headquartered logistics provider Agility has reported Q1 2013 net profits of KWD10.1 million (USD35.49 million) - a year-on-year improvement of 46 percent over Q1 2012.

The profit surge came on the back of revenues of KWD352.6 million (USD1.24 billion) - a ten percent improvement over Q1 2012.
Agility's Global Integrated Logistics (GIL) business revenue increased by 7 percent in Q1 2013 over the equivalent 2012 trading period. According to Agility, despite the ongoing weakness of the global market economy, it has expanded its customer base and reach over the last quarter.
Agility GIL secured a three-year contract with oil and gas concern Shell in a deal worth USD80 million to provide freight forwarding from locations worldwide the the Majnoon Oil Field in Iraq.
Agility's Infrastructure group contributed KWD57 million (USD200.3 million) to the Q1 total revenue - an increase of 20 percent year-over-year.

Heavy Lift | News

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Crowley realigns activities

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Views: 451
Bob Felix joins UTC thumbnail image

Bob Felix joins UTC

May 17 - UTC Overseas has appointed Bob Felix to its rail logistics team as director of specialised projects.
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DEME awarded Hornsea project thumbnail image

DEME awarded Hornsea project

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Qube in LCR takeover thumbnail image

Qube in LCR takeover

May 17 - Australia-based Qube Holdings has acquired industrial logistics service provider LCR Group in a deal valued at AUD135 million (USD93.2 million).
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