Author Archives: UFL Group

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,…

With our strong presence in the expedited international airfreight business, the U-Freight Group notes a report by Xeneta that states global air cargo spot rates fell for the second straight month in June, dropping four percent year over year as available capacity outpaced demand for the first time in more than a year and a…

Any thought that the risk was easing to the point a return of a significant number of container shipping services through the Suez Canal route in the near future has vanished following two attacks on ships in recent days, including one that killed several seafarers. That is interesting news for the U-Freight Group with our…

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…

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…

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…

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…

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…

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…

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…