Author Archives: UFL Group

With U-Freight’s strong presence in the global container shipping arena, we note that last week, Marie Maersk joined a growing list of container ship cargo fire casualties, putting crew lives at risk, as the report is issued into the explosion on the YM Mobility a year earlier. Seatrade Maritime Review suggests that the fire on…

With U-Freight’s strong presence in the global container shipping arena, we note that Drewry’s composite World Container Index (WCI) decreased three percent to USD2,350 per 40ft container this week. This was the ninth consecutive week that the WCI has declined and it continues to stabilise after a volatile period. The unpredictability began after US tariffs…

The news that the USA and China have extended their ongoing trade truce for another 90 days is being greeted with a sigh of relief by markets, businesses and consumers around the world. It is welcome news for the U-Freight Group with our strong presence in the transpacific air and ocean freight market. Trump’s tariff…

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…

With U-Freight’s strong presence in the global container shipping arena, we note that Drewry’s composite World Container Index (WCI) declined only one percent last week, and continued to stabilise after a volatile period, which began after US tariffs were announced in April. Since the big rush to ship cargo before the US tariff increase is…

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…

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…

How will uncertainty over US tariffs, ongoing Red Sea diversions, and continued fleet growth impact containers in the remaining months of the year? Those are issues that the U-Freight Group’s ocean freight team ponders over on a daily basis, as do the many clients that use our portfolio of international ocean freight forwarding services for…

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…