Author Archives: UFL Group

July airfreight volumes up five percent due to front loading and modal shift

With our strong presence in the expedited international airfreight business, the U-Freight Group notes that Xeneta’s latest market analysis for July showed global air cargo volumes climbed 5 percent year on year as front loading continued and more shippers opted to send their goods by air to avoid the impact of tariffs. Xeneta’s analysis for…

IATA: Cargo continues to grow at modest rate in June

Temperature-Controlled-Air-Freight-Forwarding

With our strong presence in the expedited international airfreight business, the U-Freight Group notes that global air cargo demand continued to grow at a modest pace despite trade disruptions, according to the latest data from the International Air Transport Association (IATA). Demand measured in cargo tonne kilometres (CTK) increased by 0.8% year-on-year in June and…

World Container Index drops further in last week

With U-Freight’s strong presence in the global container shipping arena, we note that Drewry’s World Container Index decreased 3% to USD2,517 per 40ft container in the week to Thursday, 24 July, marking its sixth consecutive weekly decline. This ongoing downturn follows an earlier period of volatility triggered by higher US tariffs announced in April. The…

Developing our presence in the medical and healthcare sector

The news that NYK Group’s subsidiary Yusen Logistics (Europe) has committed to acquire the healthcare logistics business of the Walden Group through the acquisition of the entire share capital of Movianto International is very interesting for U-Freight. Specialising in the healthcare industry, the Walden Group provides contract logistics, 4PL, first mile transportation and distribution services…

Singapore named top international maritime centre again

U-Freight has a major regional logistics hub in Singapore, offering a wide portfolio of international freight and logistics services, and was pleased to read that the city-state emerged once again as the world’s top maritime centre in the 2025 Xinhua-Baltic International Shipping Centre Development (ISCD) Index report for the 12th consecutive year. This annual report,…

Sharp increase in global schedule reliability in May 2025

Global ocean carrier schedule reliability improved by 7.4 percentage points to 65.8 per cent in May compared to the previous month to the highest level recorded since November 2023, Sea Intelligence reported. That is interesting news for the U-Freight Group with our comprehensive portfolio of international container shipping services for both LCL and FCL import…