Agility

Agility was established in 1979 as a state-owned company in Kuwait. Its original name was 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. Through acquisitions and establishment of new offices, it built a global presence in the Middle East, Asia, Africa and Latin America, where many of its more established competitors had yet to set up, and in the developed markets of Europe and North America. The company grew rapidly by acquiring other logistics companies and assets such as warehouses and trucks. Among its most significant acquisitions were 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 Latin American operations with the acquisition of Trafinsa SA de CV in Mexico and Itatrans in Brazil. By 2004, Agility, then still PWC, was the largest logistics provider in the Middle East. In 2006, the company unified its services under the new name of Agility with the brand slogan “A New Logistics Leader.” Agility sold its commercial freight forwarding and logistics business in 2021 to DSV Panalpina[1] for shares in the combined company, becoming the second-largest shareholder in the world’s #3 freight forwarder. Today, the company continues to focus on its high-performing supply chain businesses in high-growth markets. It develops and operates logistics parks across the Middle East, Africa and South Asia. Agility’s subsidiaries offer ecommerce enablement and digital logistics, airport services, fuel logistics, commercial real estate, customs digitization and other supply chain services.. Through its venture capital arm, Agility Ventures , Agility invests in technologies and ventures that enhance supply chain efficiency and sustainability, and expand access to global trade.