Author Archives: UFL Group

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…

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…

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%…

With our global presence in the air cargo market and historically strong position in the trans-Pacific trade, the U-Freight Group notes that there has been a sharp decline in trans-Pacific air cargo demand following the U.S. removal of duty-free status for low-value imports from China on May 2. The change to the “de minimis” exemption,…

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…

According to a report on the Maasmond Maritime website, Singapore’s port handled 6.1 per cent more containers in the first four months of 2025 than in the same period in 2024, despite disruptions to supply chains caused by tariffs imposed by the United States. That made interesting news for the U-Freight Group with our major…

The 90-day tariff cool down between the USA and China is causing a rush of cargo in the eastbound trans-Pacific trade that is starting to create vessel congestion and equipment shortages at Asian ports, especially in China, media reports suggest. That made interesting reading for the U-Freight Group, with our portfolio of international container shipping…

With our headquarters, as well as several freight and logistics hubs in the city, we note that Hong Kong International Airport (HKIA) saw another month of cargo growth in April, supported by a rise in transhipment despite the ongoing trade shifts, though volumes were lower compared to March. Airport Authority Hong Kong (AAHK) announced that…

The Freightwaves/American Shipper website carries a very informative article about the new Economic and Trade Agreement between the USA and China aimed at addressing long-standing concerns and establishing clearer guidelines for commerce. The agreement includes a 90-day pause on most of the tariffs in place since April 2 to allow for “further negotiations” over the…

As part of the sector that underpins global trade, the U-Freight Group welcomes the agreement between the United States and China to temporarily slash punishing tariffs. With our comprehensive portfolio of freight and logistics services on the transpacific route, we expect to see trade between China and the USA buoyed by a resulting recovery in…