Ethiopian Airlines buys 5 B777Fs.

Ethiopian Airlines announced on Wednesday that it will purchase five big 777 freighters from Boeing, the latest effort by Africa's largest cargo operator to dramatically expand its fleet ahead of a predicted increase in trade volumes for the region. The purchase follows an earlier letter of intent signed by Ethiopian...

Motive boosts valuation of $2.85B after raising $150M

Motive, formerly KeepTruckin, revealed on Wednesday that it has raised $150 million in series F funding. Motive now has a $2.85 billion valuation, up from $2.3 billion after the company's Series E fundraising round last June. Motive officials stated that the additional funding will be used to invest in more...