Uncertainty caused by US President Donald Trump’s soaring tariffs on Chinese imports brought activity at the Port of Shanghai to a complete halt last week,according to Asian online publication Caixin. With our portfolio of international container shipping services for both LCL and FCL import and export cargoes, the article makes interesting reading for the U-Freight…
Category Archives: News
03
Apr
Apr
The latest supply and demand statistics from IATA show that air cargo demand decreased by 0.1% in cargo tonne km (CTK) terms in February, its first year-on-year decline in February since March 2023 as a result of “extraordinary” growth a year ago. This makes interesting reading for the U-Freight Group, with our strong presence in…
01
Apr
Apr
Global ocean carrier schedule reliability improved by 3.6 percentage points to 54.9 per cent in February compared to the previous month to the highest level recorded since May 2024, Sea Intelligence reported. That is interesting news for the U-Freight Group with our comprehensive portfolio of international container shipping services for both LCL and FCL import…
31
Mar
Mar
A report on the Cargo Forwarder website posed the conundrum that whilst stability in air freight is hoped for by many, will it ever exist? That made interesting reading for the U-Freight Group with our strong presence in the expedited international airfreight arena. Very doubtful, was the majority opinion among the participants of the Nordic…
26
Mar
Mar
In the USA, the Federal Maritime Commission (FMC) issued a statement outlining the launch of a “non adjudicatory investigation into transit constraints at key maritime chokepoints, focusing on the impact of foreign laws, regulations, and shipping practices”. With our comprehensive portfolio of international container shipping services for both LCL and FCL import and export cargoes,…
25
Mar
Mar
With our headquarters, as well as several freight and logistics hubs in the city, we note that cargo throughput at Hong Kong International Airport (HKIA), the world’s busiest cargo hub, steadied in February, with volumes at the same level as in the same period in 2024. Air traffic figures released by Airport Authority Hong Kong…
21
Mar
Mar
As a significant player in the UK’s air freight forwarding market through our UK subsidiary, we are closely monitoring the situation following the closure of Heathrow airport due to the recent fire in a electricity sub-station close to the airport. The impact on air cargo operations is significant, with flights disrupted, customs processes delayed, and…
19
Mar
Mar
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…
18
Mar
Mar
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…
14
Mar
Mar
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…
