According to a report on the Air Cargo News website, airfreight demand and rates have stabilised over the last couple of weeks following the highs and lows caused by the Lunar New Year holiday period and uncertainty around the impact of tariffs. That made interesting reading for the U-Freight Group with our strong presence in…
Category Archives: News
The global media has been full of reports about the displeasure being expressed by Chinese officials over CK Hutchison’s pact to sell its controlling stake in Panama Canal ports to a group led by U.S. asset manager BlackRock. With our headquarters in Hong Kong, comprehensive network in China, and portfolio of international container shipping services…
The American Shipper website reports that while ocean container rates have significantly retreated from pandemic highs, they still exceed pre-pandemic levels, an industry analyst finds, indicating what is likely a “new normal” in container shipping costs that could have a cascading effect on trucking, intermodal and related logistics services throughout the global supply chain. This…
An insightful article on the Air Cargo News website suggests that the first signs of the impact of stricter requirements around e-commerce were visible in February’s air cargo data, while the overall market continued to grow. This makes interesting reading for the U-Freight Group, with our strong presence in the expedited international airfreight business. Air…
With our comprehensive portfolio of international container shipping services for both LCL and FCL import and export cargoes, we were interested to read that the Gemini Cooperation, a partnership between Hapag-Lloyd and Maersk, recorded a 91 percent schedule reliability rate in its first month of operation, surpassing the Premier and Ocean alliances. Data from eeSea,…
Transport Intelligence’s latest Air Freight Tracker shows the start of 2025 has proven to be a complex landscape for the global air freight industry. This makes interesting reading for the U-Freight Group, with our strong presence in the expedited international airfreight business. Ti states that strong demand, particularly across routes from Asia and Europe, continues…
An excellent article on the Air Cargo News website suggests that air cargo association Tiaca is expecting air cargo demand to grow by 5% in 2025, but has warned of an “elevating risk” to its growth expectations. This makes interesting reading for the U-Freight Group, with our strong presence in the expedited international airfreight business….
The Trump administration’s announcements affecting international trade just keep coming. Last week, following an investigation into what was concluded to be unfair Chinese state support of maritime supply chains, US trade representative Jamieson Greer proposed fees for China-built ships calling at US ports, a move that could reshape global shipping. With our portfolio of international ocean…
On 27 February, IATA released its latest data on global air freight markets, reporting strong growth in demand, which makes interesting reading for the U-Freight Group, with our strong presence in the expedited international airfreight business. IATA said that total demand for air cargo, measured in cargo tonne-kilometres (CTKs), increased by 3.2% in January 2025…
There has been some excellent news from the USA today that dockworkers from the International Longshoremen’s Association (ILA) have voted overwhelming in favour of a new six-year labour contract with employers. The ratification of the deal lifts any lingering threat of renewed industrial action at US East and Gulf coast ports and is great news…