PRESS ROOM

With our strong presence in the international container shipping market, including LCL and FCL import and export operations around the world, the U-Freight Group read an interesting article on the Seatrade Maritime News website about the current state and future prospects of that market.

The article explores how spot container freight rates have surged to unexpected highs in the first half of 2024 for various reasons and asks what will happen in the remaining months of the year?

In an interview with Daniel Richards from MSI, some very pertinent questions are asked. Why have spot container rates risen much higher than expected? Will freight rates hit the levels seen at the height of the pandemic? What happens if there is a ceasefire in Gaza and the Houthis stop attacking vessels in the Red Sea?

You can read the full article and listen to Mr Richards answers to those questions, and more, in the following link:

https://tinyurl.com/yuhh642b

U-Freight remains committed to helping clients manage the difficult situations facing container shipping at present and mitigate where possible additional costs incurred. Our ocean freight team will endeavour to keep in close contact with all clients to provide updates on specific movements.

For more information about our ocean freight forwarding and logistics services, please visit the relevant pages of this website, or contact your local office, which can be seen here: https://www.ufreight.com/en/location