With the U-Freight Group’s strong presence in the expedited international airfreight arena, we note that global air cargo demand grew by three percent year-on-year in September, according to Xeneta, signalling a slowdown from the stronger five percent gains seen in July and August. With capacity growth matching demand, yields continued to fall, marking the fifth…
Category Archives: News
As Hong Kong and South East Asia continues to recover from Super Typhoon Ragasa that swept through the region last week, its airport is pressing ahead with ambitious plans to deepen integration with the Greater Bay Area (GBA), and expand its cargo capabilities. This was the message in an article on the Routes website that…
U-Freight Group, with its strong position in the global container shipping industry, has taken note of various media reports highlighting the growing challenges that increased empty container movements pose to international supply chains. According to Splash247, data from Sea-Intelligence shows that empty containers made up 41% of global container transport in July—up significantly from 31%…
The Breakbulk News website contains an interesting article reporting that global airline punctuality has entered a critical phase in 2025, with airline clients facing unprecedented strain as delays, cancellations, and limited cargo capacity ripple through international supply chains. With our strong presence in the expedited international airfreight business, this is very important to the U-Freight…
Drewry’s composite World Container Index (WCI) fell six percent to USD1,913 per 40 feet container in the week to September 18th as the maritime shipping industry is facing multiple headwinds. This makes interesting reading for the U-Freight group with our strong presence in the global container shipping arena,, as it marks the 14th consecutive week…
With our portfolio of global container shipping service, and strong presence on the trades to and from the USA, the U-Freight Group is mindful of the fact that new port fees are set to be charged by the USA on Chinese ships from October 14th, but businesses are reportedly uncertain who will ultimately pay them….
The Drewry World Container Index (WCI) fell 3% to $2,044 per 40ft container this week, marking the 13th consecutive week of decline in global container shipping rates. This makes interesting reading for the U-Freight group with our strong presence in the global container shipping arena, as the latest assessment from Drewry reveals diverging trends across…
With U-Freight’s strong presence in the global container shipping arena, we note a report in the Journal of Commerce that container shipping lines are widely expected to announce a wave of blank sailings on the eastbound trans-Pacific trade in the next couple weeks, lest they fail to create a floor for falling spot rates ahead…
Air cargo continued to beat expectations in August as volumes grew again, but the outlook for the remainder of the year remains uncertain. That made interesting reading for the U-Freight Group with our strong presence in the expedited international airfreight arena, as it came after IATA reported a 5.5% increase in global air cargo demand…
With our headquarters, as well as several freight and logistics hubs in Hong Kong, the U-Freight Group notes that Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest independent handler – and its added-value logistics subsidiary Hong Kong Air Cargo Industry Services Limited (Hacis) have once again been honoured at this year’s Asian…