Next unicorn raises its horn 
The knights of open shirt sleeves and broism are making their way in Europe. The digital freight forwarder Sennder has completed its Series D financing round and receives an investment volume of USD 160 million. The funding round has now led the company's valuation to over... more
Over two dozen rail projects on track
The US-state Pennsylvania has approved 26 rail freight improvement projects for a total USD 31.3 million that will enhance freight mobility while creating or sustaining more than 200 jobs across Pennsylvania. Pennsylvania has 65 operating railroads and roughly 9,000 km of... more
Very long flight with thin belly
Sata Azores Airlines' A321LR (long range) registered CS-TSI, named "Inspire", which joined the fleet of the Portuguese carrier at the end of November 2020, has performed the longest flight by duration ever recorded in the A321LR global fleet. Operated at the... more
South Carolina Ports blossom
The South Carolina (SC) Ports Authority on the US East Coast finished 2020 with its strongest throughput in December so far. The ports handled almost 210,000 teu at Wando Welch and North Charleston container terminals in December, up 11.6% compared to December 2019. SC Ports... more
The final four B747 go to Atlas
Atlas Air Worldwide Holdings has ordered four new B747-8 freighters in a transaction that furthers the company’s strategic growth plan. The aircraft, which are expected to be delivered from May through October 2022, will enable the carrier to meet customer demand in the... more
Amazon's five new sites
Amazon is currently erecting five new facilities in the Detroit metropolitan area. The main site will occupy 252,000 sqm and is expected to be launched in the course of 2021. This hub will be the fourth fulfilment centre in Michigan, using manual work and Amazon robotics to... more
XPO announces senior leadership for spin-off
XPO Logistics has chosen the senior leadership team for the intended spin-off of the company’s logistics segment. The global provider of transportation and logistics solutions expects to complete the spin-off in the second half of 2021, creating a separate, publicly traded... more
Brussels airport at the crossroads
Brussels airport has signed a memorandum of understanding (MoU) with India's Spicejet for providing transportation of Covid-19 vaccine. Both partners will jointly work with the government, pharma companies and forwarders to ensure a reliable ecosystem for vaccine delivery in... more
Perfect storm pushes DHL's results
With its preliminary group results for 2020, logistics group Deutsche Post DHL Group has confirmed that Covid-19 was an important driver for business last year. At EUR 4.84 billion, consolidated ebit surpassed the result originally forecast by more than 9%. The growth of... more
Sky Lease must pay USD 422,000
The US Department of Transportation’s Federal Aviation Administration (FAA) proposed a USD 422,500 civil penalty against Sky Lease of Miami, FL, for allegedly operating two B747 freighters on dozens of flights - within the USA as well as to and from countries including Bolivia,... more