Author Archives: UFL Group

With U-Freight’s strong presence in the global container shipping arena, we note that Drewry’s World Container Index decreased 3% to USD2,517 per 40ft container in the week to Thursday, 24 July, marking its sixth consecutive weekly decline. This ongoing downturn follows an earlier period of volatility triggered by higher US tariffs announced in April. The…

How will uncertainty over US tariffs, ongoing Red Sea diversions, and continued fleet growth impact containers in the remaining months of the year? Those are issues that the U-Freight Group’s ocean freight team ponders over on a daily basis, as do the many clients that use our portfolio of international ocean freight forwarding services for…

The news that NYK Group’s subsidiary Yusen Logistics (Europe) has committed to acquire the healthcare logistics business of the Walden Group through the acquisition of the entire share capital of Movianto International is very interesting for U-Freight. Specialising in the healthcare industry, the Walden Group provides contract logistics, 4PL, first mile transportation and distribution services…

U-Freight has a major regional logistics hub in Singapore, offering a wide portfolio of international freight and logistics services, and was pleased to read that the city-state emerged once again as the world’s top maritime centre in the 2025 Xinhua-Baltic International Shipping Centre Development (ISCD) Index report for the 12th consecutive year. This annual report,…

With our strong presence in the expedited international airfreight business, the U-Freight Group notes a report by Xeneta that states global air cargo spot rates fell for the second straight month in June, dropping four percent year over year as available capacity outpaced demand for the first time in more than a year and a…

Any thought that the risk was easing to the point a return of a significant number of container shipping services through the Suez Canal route in the near future has vanished following two attacks on ships in recent days, including one that killed several seafarers. That is interesting news for the U-Freight Group with our…

Global ocean carrier schedule reliability improved by 7.4 percentage points to 65.8 per cent in May compared to the previous month to the highest level recorded since November 2023, 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…

This week has seen Donald Trump’s tariff timeline shift once again. Just days before a 90-day pause on country-specific reciprocal tariffs was scheduled to expire, the President pushed implementation back again — this time to August 1st. The current trade landscape remains uncertain amid these additional shifts in tariff implementation, making it very difficult for…

576 containers were lost at sea in 2024, an increase from 221 containers lost in 2023, but remains below the 10-year average of 1,274 containers lost annually, according to figures revealed by the World Shipping Council (WSC) Container Lost at Sea 2025 report. It also indicated that 200 containers were lost around the region of…

Maritime consultancy, Alphaliner says that the global container shipping industry is becoming increasingly concentrated, with the latest data showing that shipping alliances, together with Mediterranean Shipping Company (MSC), now control more than 80% of the world’s total container capacity. That made interesting news for the U-Freight Group with our strong presence in the global container…