Indian Transport & Logistics

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India remains 2nd on Agility Logistics Index; reduces gap with China

8 Feb 2024 9:26 AM GMT
Many see India growing in importance as a producer and market but cite inadequate infrastructure and corruption as the biggest obstacles.

Agility Q32023 net profit doubles, revenue up 41%

15 Nov 2023 10:30 AM GMT
For first nine months of 2023, Agility’s net profit was up 39% & revenue increased 91% compared to same period in 2022

Agility signs MoU with Saudi to localise healthcare supply chain

31 Oct 2023 12:46 PM GMT
Under the agreement, Agility and MISA will explore four areas of collaboration in the healthcare sector. This includes the potential for expanding...

Agility completes £763 million acquisition of Menzies Aviation

4 Aug 2022 10:52 AM GMT
New company will have approximately 35,000 employees and operations at 254 airports in 58 countries.

Menzies shareholders approve NAS deal

2 Jun 2022 12:18 PM GMT
Offer stays at £6.08/share; deal likely to be completed by Q32022.

Agility Q1 net profit from continuing operations up 13 times

18 May 2022 6:35 AM GMT
EBITDA increased 72% to KD 34 million ($110.8 million), revenue was up 22 percent to KD 132.1 million ($430.6 million).

Strong demand sees DSV upgrade 2022 earnings outlook

27 April 2022 7:42 AM GMT
Q1 revenue increased over 80% to DKK 61 billion ($8.5 billion) and gross profit came in at DKK 13 billion ($1.8 billion)

Agility-Menzies agree on £571mn deal, shareholders get £6.08/share

30 March 2022 11:04 AM GMT
Menzies-NAS revenue was more than $1.5bn 2021; to have approx 35,000 employees with presence at more than 250 airports

Menzies 2021 revenue up 27% to $1.35bn on solid air cargo biz

8 March 2022 12:19 PM GMT
Annual cargo volume increased 42 percent to 1.7 million tonnes in 2021 from 1.2 million tonnes

Agility buys 13% stake in Menzies, ups bid to £6.05/share

17 Feb 2022 12:47 PM GMT
Deal values Menzies at approximately £555 million. Any firm offer will now be at not less than 605 pence/share.

China, India continue to dominate Agility Emerging Markets Logistics Index

14 Feb 2022 7:05 AM GMT
Eight of the top 10 ranking positions in the 2022 Agility Emerging Markets Logistics Index are occupied by emerging markets from Asia Pacific and the...
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