Category Archives: News

Air cargo demand growth slows as peak season falters

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…

Supply chains suffer from increased empty container movements

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%…

Airline on-time performance crisis deepens

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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…

Container freight rates continue 13-week decline as supply-demand imbalance persists

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…

Hactl crowned “Best Global Air Cargo Terminal Operator”

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…