Digital road freight forwarder Sennder, based in Berlin, has announced it achieved monthly profitability, measured by IFRS EBITDA. The company projects its annual revenue will reach €1 billion by 2026. This financial improvement and growth forecast are attributed to the successful integration of C.H. Robinson's European road freight business.
Sennder now processes over 150,000 transport shipments each month, a substantial increase in its operational volume. The integration has allowed Sennder to consolidate its position in the European road freight market, leveraging the combined networks and technological capabilities.
For freight forwarders and logistics professionals, Sennder's expanded scale means a larger digital platform for European road freight, potentially offering more capacity options and streamlined booking processes. The increased volume handled by a single digital provider could lead to greater efficiency and potentially more competitive pricing for certain lanes, as network effects strengthen. This development also highlights the ongoing consolidation and digitalization trends within the European road transport sector, influencing how capacity is sourced and managed.
