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Airlines lower air cargo forecast amid escalating trade war

As demand slows and the ability to add fuel surcharges goes away, airlines are expected to see cargo revenues contract 4.7% this year. This was part of the latest announcement by IATA, which makes interesting reading for the U-Freight Group, with our strong presence in the expedited international airfreight business. IATA downgraded its guidance for…

Singapore’s Changi airport charts a course

A feature on the Air Cargo Week website reports that Singapore’s Changi Airport has emerged as a pivotal force in the surging Asia-Pacific (APAC) airfreight landscape, closing 2024 with a 14.6 percent surge in airfreight throughput to 1.99 million tonnes. This robust growth, bolstered by strong recovery in the electronics sector and stronger cargo flows…

IATA: Cargo demand grows 5.8% in April

key benefits of Air Freight Forwarding

With our strong presence in the expedited international airfreight business, the U-Freight Group notes that air cargo demand grew by 5.8% in April, according to IATA, which warned that stresses faced by world trade are no secret. The growth measured in cargo tonne kilometres (CTK) built on March’s strong performance with total demand up 5.8%…

The Ultimate Guide to 3PL (third-party logistics): How Third-Party Logistics Can Transform Your Business?

3pl logistics

What Does 3PL Logistics Mean? 3PL (Third-Party Logistics) refers to outsourcing your company’s logistics operations to specialized providers who handle warehousing, transportation, and distribution. These partners act as an extension of your supply chain, leveraging their expertise, technology, and infrastructure to streamline operations while you focus on core business activities. How Third-Party Logistics Work? Third-party…

Escalating port congestion strains container shipping flows

Maritime consultancy, Drewry says that port congestion across key Northern European hubs is intensifying, with Bremerhaven particularly affected by labour shortages during the recent holiday period. Compounding the situation, low water levels on the Rhine are limiting barge capacity, particularly out of Antwerp and Rotterdam—further straining inland logistics. With our portfolio of international container shipping…

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