<span style="font-weight: 400;">Despite an increase in operating costs, such as fuel prices, revenue from Girteka’s transportation business increased by more than 20 per cent year-on-year in 2021, says the Lithuanian company’s latest financial report. Girteka states the result has put it in the top 10 logistics companies in Europe.</span>

Girteka says its 2021 financial result puts it in the top 10 logistics companies in Europe 

Supply chain visibility provider FourKites has maintained its position as a leader in the latest Gartner Magic Quadrant for Real-Time Transportation Visibility Platforms. The company also recently announced it had outpaced its EMEA growth targets, achieving 148% growth in shipments over the last 12 months.

FourKites CEO Mathew Elinjickal on where the supply chain visibility market is headed (part 1)

Fuel prices hit a new high in the UK yesterday after the EU's ban on Russian oil imports was announced. However, state interventions have slowed down skyrocketing prices in some European countries, most recently Germany. Meanwhile, Hungary boasts the cheapest fuel in the EU, but has controversially introduced measures to stop foreigners benefiting.

Fuel prices: record highs in UK; Germany cuts duty, and Hungary makes foreigners pay more

The European Commission has clarified the “mandatory return of trucks” rules in the EU Mobility Package, writes the Spanish transportation association Fenadismer. The clarification includes an explanation of when the clock starts ticking, exactly where the trucks must return to and how hauliers can prove they have followed the rule.

European Commission clarifies mandatory “return of trucks” Mobility Package rule

New research based on HGV drivers' behaviour has mapped out priority locations for electric HGV charging points. According to the study, the UK needs to equip nearly 300 locations with chargers in the next 5 years.

Research finds where electric charging infrastructure is needed on Europe’s roads

P&O Ferrymasters and Unifeeder Shortsea, both owned by DP World, are now one entity run under the name of the former company, the Dubai-based owners have announced.

P&O Ferrymasters and Unifeeder Shortsea unite under the former’s name

A new bi-modal freight connection has been established between China and Europe on 13<sup>th</sup> April by launching a service that traverses the Caspian Sea and the Black Sea via rail-sea combined transportation.

Latest bi-modal freight connection between Germany and China avoids Russian territories

Amid demand for goods skyrocketing as lockdowns cease, putting global supply chains under severe strain, the shipping sector is making the most money since 2008, reports Bloomberg.  It now costs $14,287 to haul a 40-foot steel box from China to Europe. That’s up more than 500% compared to a year earlier according to the financial analysis.

Shipping companies generate highest earnings since 2008

The number of freight trains completing the China-Europe route in 2021 had already hit the milestone of 10,000 at the end of August, says China's State Railway Group.

More than 10,000 freight trains between Europe and China in just 8 months

A long-established road transport company based near Huntingdon says it has received a string of invoices and threats of court action from European hauliers relating to contracts of which it has no knowledge whatsoever. The company decided to confront the fraud.