EUR 3.5 million for Flagship Founders 
Flagship Founders, a Berlin-based venture studio founded in 2020, has developed a successful new approach to building ventures in the maritime industry. Partner companies such as F. Laeisz, Starthub Ventures or Philipp Ahrenkiel, invested EUR 3.5 million in this company, in a... plus
Industry urges more action for modal shift
European railfreight associations, railfreight CEOs and the European Parliament’s transport and tourism committee have endorsed a joint declaration on the need to speed up the modal shift in freight transport. The document predates a 2020 joint declaration which identified the... plus
Airlines for Europe elects Ourania Georgoutsakou
Airlines for Europe (A4E), Europe’s largest airline trade association, has named Ourania Georgoutsakou as its new managing director. She has over two decades of policy and public affairs experience in trade and representative associations and joins from Lighting Europe, where... plus
ABC about to return?
Izvestia has learned that Russia's largest cargo airline, which ceased all its operations March 2022, is soon to be reactivated. According to two sources of the Russian daily, Air Bridge Cargo Airlines (ABC) will begin regular flights on the Moscow-Beijing route from June 2023.... plus
Thanks to Schenker, DB is back in profit
The Deutsche Bahn Group (DB) is back in the black. Despite the burdens on the rail business caused by the pandemic, the war in Ukraine and the sharp rise in inflation, the company closed 2022 with a significant operating profit. The operating result (ebit adjusted) improved by... plus
Airbus FAL Tianjin delivers first A321neo
Airbus has delivered the first A321neo aircraft assembled at its Final Assembly Line Asia (FAL Tianjin) to China’s Juneyao Air in Tianjin, China. The aircraft is powered by Pratt & Whitney GTF engines and features 207 comfortable seats, eight in business and 199 in economy... plus
Raja picks Catherine Cambier
Catherine Cambier is joining the Raja Group’s executive committee as managing director, Raja packaging and industrial equipment. Her mission will be to develop this segment’s distribution activities in Europe. Cambier’s appointment brings to four the number of women among... plus
Powerful addition to the fleet
Dutch haulage company Luijendijk & van der Wal has invested in a new Mercedes-Benz Actros 4163 LS 8x4 SLT for challenging heavy-duty tasks. The 630 hp truck features a spacious Bigspace cab and Mirrorcam. The special coupling and a permissible gross combination mass of... plus
Wiremind: a year full of accomplishments
In February 2022, Wiremind announced the launch of a dedicated cargo vertical focused on providing innovative revenue optimisation and inventory solutions for the freight and logistics industry. Since then, the cargo unit has experienced substantial growth and currently employs... plus
LNG filling station inaugurated
Swiss truck manufacturer Iveco has inaugurated its first LNG filling station on its premises in Muttenz near Basel. The station was set up in partnership with Gasverbund Mittelland. Iveco is leasing the site, while Gasverbund Mittelland will be responsible for operations and... plus