Author Archives: UFL Group

Hapag-Lloyd to buy Zim

With our strong presence in the global container shipping arena, we note that Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services in a USD4.2 billion deal that will reinforce the former’s position as the world’s fifth-largest container carrier. A good summary of the deal can be read on the Logistics Manager website here:  https://www.logisticsmanager.com/hapag-lloyd-to-acquire-zim-in-4-2bn-deal/…

Additional container shipping capacity keeps coming

The U-Freight Group has a strong presence in the international container shipping arena and notes that ships are pouring into the fleet at a record pace, while barely a trickle escapes as scrapping is virtually non-existent, according to maritime consultancy Drewry. It reports that last year saw yet another record for annual container shipccontracting at…

Drewry reports blank sailings jump 122 percent in February

The Drewry Container Capacity Insight reports a doubling of blank sailings by container shipping lines so far this month. With our strong presence in the global container shipping arena, this has raised questions for the U-Freight Group’s ocean freight teams about whether there will there be enough capacity for shippers. In its latest Logistics Executive…

AEO status helps U-Freight deliver competitive edge in Hong Kong

UFL HKAEO

From left to right: Mr. Kris Yu – Assistant Operations Manager – Export, Ms. Sandra Yip – Assistant General Manager, Mr. Chan Tsz-tat, the current Commissioner of Customs and Excise in Hong Kong, Mr. Joey Cheung – General Manager, and Mr. Jason Chen – Project Manager The U-Freight Group is seeing significant benefits from being…

Container rates slide for fourth week

With our large portfolio of international container shipping services for both LCL and FCL cargoes, we note that global container shipping rates fell for a fourth straight week last week, with Drewry’s composite container index sliding 7 percent to USD1,959 per 40-foot container as carriers face unexpectedly soft demand ahead of the Lunar New Year,…

Global logistics execs predict volatile 2026

Logistics executives are bracing for a year of volatility in trade, geopolitics and the global economy, and managing uncertainty by turning to AI, scrutinising costs, and reconfiguring their supply chains, according to the 2026 Agility Emerging Markets Index, in partnership with Ti. This makes interesting reading for the U-Freight Group as many of those supply…

European container shipping and supply chains affected by winter storms

The U-Freight has a large portfolio of international container shipping services for LCL and FCL cargoes, but severe winter storms and heavy snowfall across Western and Northern Europe is causing widespread disruption to the operations of the shipping lines, and terminal closures, all causing delays and knock-on impacts throughout supply chains. According to shipping companies…

⚠ Security Alert: Phishing Emails

 

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