Multiple carriers have planned general rate increases in various trade lanes in May and June, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
09 May 2014
12 Nov 2013
Agility reported profit of 12.1 million Kuwaiti dinars (about US$42.7 million) in the third quarter of 2013, representing a jump of 26 percent year-over-year from 9.6 million dinars.
06 Aug 2013
Agility today reported its profit in the second quarter of 2013 was 11.51 million Kuwaiti dinars (about US$40.3 million), jumping 50 percent from 7.66 million dinars in the second quarter of 2012.
24 May 2013
Turkish Cargo will launch freighter services to Entebbe, Uganda, and Kigali, Rwanda, effective June 3, and one weekly flight to Karachi, Pakistan, and Singapore, starting June 5.
13 May 2013
Agility today won a five-year contract with the Kuwait National Petroleum Co., worth an estimated $24.4 million.
02 Apr 2013
Kuwait-based Agility today reported its profit in the fourth quarter of 2012 was 9.6 million Kuwaiti dinar (about US$33.6 million), a 179 percent jump compared with $12.3 million in the fourth quarter of 2011.
01 Feb 2013
Ocean carrier United Arab Shipping Co. will implement a general rate increase on all U.S. export cargo to the Middle East and Mediterranean, effective March 1. It will apply to all tariff ocean freight rates and service contracts.