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A decade of overcapacity for container shipping, says Linerlytica

In light of the U-Freight Group’s significant presence in the global container shipping arena, we were very interested in a news item on the Seatrade Maritime News website, which indicates that as the container ship newbuilding orderbook continues growing the impact on the sector could be long lasting. The article indicates that the container ship…

Drewry: Composite World Container Index decreases again

With U-Freight’s strong presence in the global container shipping arena, we note that Drewry’s composite World Container Index (WCI) decreased three percent to USD2,350 per 40ft container this week. This was the ninth consecutive week that the WCI has declined and it continues to stabilise after a volatile period. The unpredictability began after US tariffs…

July airfreight volumes up five percent due to front loading and modal shift

With our strong presence in the expedited international airfreight business, the U-Freight Group notes that Xeneta’s latest market analysis for July showed global air cargo volumes climbed 5 percent year on year as front loading continued and more shippers opted to send their goods by air to avoid the impact of tariffs. Xeneta’s analysis for…

IATA: Cargo continues to grow at modest rate in June

Temperature-Controlled-Air-Freight-Forwarding

With our strong presence in the expedited international airfreight business, the U-Freight Group notes that global air cargo demand continued to grow at a modest pace despite trade disruptions, according to the latest data from the International Air Transport Association (IATA). Demand measured in cargo tonne kilometres (CTK) increased by 0.8% year-on-year in June and…

A Complete Guide to Freight Forwarding Services|Singapore

A Complete Guide to Freight Forwarding Services|Singapore

In the era of globalized trade, businesses require efficient and reliable logistics solutions to ensure smooth cargo transportation. Freight forwarding is a professional service that assists companies in managing international shipments, offering end-to-end solutions including customs clearance, documentation, and multimodal transport. This article will explain the definition, service scope, and advantages of freight forwarding, while…

What is Freight Forwarding? A Complete Guide to Freight Forwarding Services and Key Benefits

US freight forwarding service - ufreight.com

In the era of globalized trade, businesses require efficient and reliable logistics solutions to ensure smooth cargo transportation. Freight forwarding is a professional service that assists companies in managing international shipments, offering end-to-end solutions including customs clearance, documentation, and multimodal transport. This article will explain the definition, service scope, and advantages of freight forwarding, while…