Category Archives: News

Tonnage shift to US trades drives vessel bunching at Asian ports

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…

Geopolitical issues add further threats to global supply chain stability

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A warning of geopolitical threats to global supply chain stability was issued last week, Xeneta. Conflict between Israel and Iran could effectively close the Strait of Hormuz — a key route for container ships in the Middle East Gulf – the freight rate benchmarking and analytics platform said. With our portfolio of international container shipping…

Airlines lower air cargo forecast amid escalating trade war

As demand slows and the ability to add fuel surcharges goes away, airlines are expected to see cargo revenues contract 4.7% this year. This was part of the latest announcement by IATA, which makes interesting reading for the U-Freight Group, with our strong presence in the expedited international airfreight business. IATA downgraded its guidance for…

IATA: Cargo demand grows 5.8% in April

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With our strong presence in the expedited international airfreight business, the U-Freight Group notes that air cargo demand grew by 5.8% in April, according to IATA, which warned that stresses faced by world trade are no secret. The growth measured in cargo tonne kilometres (CTK) built on March’s strong performance with total demand up 5.8%…

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