This week has seen Donald Trump’s tariff timeline shift once again. Just days before a 90-day pause on country-specific reciprocal tariffs was scheduled to expire, the President pushed implementation back again — this time to August 1st. The current trade landscape remains uncertain amid these additional shifts in tariff implementation, making it very difficult for…
Author Archives: UFL Group
10
Jul
Jul
576 containers were lost at sea in 2024, an increase from 221 containers lost in 2023, but remains below the 10-year average of 1,274 containers lost annually, according to figures revealed by the World Shipping Council (WSC) Container Lost at Sea 2025 report. It also indicated that 200 containers were lost around the region of…
04
Jul
Jul
Maritime consultancy, Alphaliner says that the global container shipping industry is becoming increasingly concentrated, with the latest data showing that shipping alliances, together with Mediterranean Shipping Company (MSC), now control more than 80% of the world’s total container capacity. That made interesting news for the U-Freight Group with our strong presence in the global container…
03
Jul
Jul
With our headquarters, as well as several freight and logistics hubs in the city, we note that Airport Authority Hong Kong (AAHK) has released the air traffic statistics of Hong Kong International Airport (HKIA) for May 2025. HKIA handled flight movements in May, representing year-on-year growths of 8.8% respectively, with traffic growth continuing to be…
02
Jul
Jul
With our presence across all modes of global logistics and supply chain management, the U-Freight Group starts July with a summary of what has taken place in the first six months of 2025. In ocean freight, the first half of 2025 saw strong cargo volumes, sharp volatility in freight rates, and persistent geopolitical disruptions, leading…
30
Jun
Jun
The latest data from Drewry’s World Container Index (WCI) reveals a continued sharp decline in spot rates on major container shipping routes, particularly between Asia and the US West Coast (USWC). That made interesting news for the U-Freight Group with our strong presence in the global container shipping arena, and we note that industry commentator…
26
Jun
Jun
With U-Freight’s strong presence in the global container shipping arena, we note that BIMCO forecasts a stable demand outlook for the container shipping sector, aligned with previous reports, despite recent uncertainties in US trade policies. “We expect the supply/demand balance to weaken only slightly in 2025 and 2026, as our ship demand growth forecast now…
25
Jun
Jun
For the fifth year in succession, the U-Freight Group has been recognised as a Top Shipper of Cebu Pacific for 2024, following a remarkable year in which the company handled over 2,300 tonnes of cargo via the airline. The award was formally presented at Cebu Pacific’s annual Eagle Wings Cargo Awards Ceremony held in Manila…
24
Jun
Jun
With U-Freight’s strong presence in the global container shipping arena, we note that according to Alphaliner data, over the past twelve months, the capacity of the global container fleet grew by 8.9%, reaching a total of 32.1 million teu. During this period, 2.62 million teu of new capacity was added – nearly a third of…
20
Jun
Jun
The redeployment of tonnage to the Asia-US trade route through major transshipment ports is causing vessel bunching at major hubs in Asia, slowing cargo and soaking up functional capacity when US importers need it most. This makes interesting reading for the U-Freight Group with our portfolio of international container shipping services, many of which transit…
