Category Archives: News

Port delays effectively remove box ship capacity

With our array of international container shipping services for both LCL and FCL cargoes, the U-Freight Group notes that analysis by Sea-Intelligence indicates that persistent port congestion is effectively removing around 1.7 million teu of containership capacity from the global market, an amount approaching the size of Evergreen’s entire fleet. The Copenhagen-based consultancy said its…

Container lines add Arctic services

The news that container shipping lines are introducing new seasonal services through the Northern Sea Route (NSR), offering shippers an alternative between North Asia and Northern Europe as Arctic waters become increasingly navigable during the summer ice season, is of interest to the U-Freight Group’s and our international container shipping services for both LCL and…

Drewry WCI rebounds after three-week decline 

Last week, the Drewry composite World Container Index (WCI) rose for the first time in four weeks, highlighting continued volatility in the global oceanfreight market. The benchmark increased by 1% to US$4,297 per 40-foot container, with higher Transpacific spot rates driving the overall increase, which is having an impact on the U-Freight Group’s international container…

Global liner schedule reliability slips

For U-Freight, liner schedule reliability is a critical consideration in every supply chain management programme we design. Rather than simply arranging freight movements, our teams continually monitor carrier performance, transit times, port congestion and routing options to minimise disruption and maintain continuity for customers. So it was disappointing to hear that the latest Global Liner…

Semiconductor and AI demand fuelled air cargo boom in June

electronics shipping

With our strong presence in the expedited international airfreight sector, the U-Freight Group notes that Xeneta’s most recent data for air cargo demand showed that volumes continued to confound expectations in June thanks to “exceptional demand” for semiconductor and AI-related hardware. The latest figures for June show that demand was up 7% year on year,…

Container shipping in the spotlight

As a provider of international container shipping services, the U-Freight Group notes that global teu liftings reached an estimated 89.2 million teu during the first six months of 2026, according to the latest EconDB operational estimates.  However, while container volumes remained above the levels recorded in 2022 and 2023, they fell behind the exceptionally strong…

Drewry World Container Index climbs to 10-month high

As a provider of international container shipping services, the U-Freight Group notes that the Drewry World Container Index (WCI) increased 2% in the week ending 09 July to US$4,639 per 40ft container, reaching its highest level since September 2024 as stronger Asia-Europe rates continued to lift the market. Freight rates from Shanghai to Rotterdam rose…

IATA cuts 2026 cargo growth forecast

Global air cargo volumes are now expected to rise just 0.2 per cent this year after disruptions linked to the Middle East conflict forced a downward revision, according to the International Air Transport Association (IATA). This makes interesting reading for the U-Freight Group, with our strong presence in the expedited international airfreight business. IATA said…

MSC smashes liner market share record

As a provider of international container shipping services, the U-Freight Group, notes an article on the Splash 247 website reporting that Mediterranean Shipping Company (MSC) has broken the all-time record for market share held by a single container line. Quoting Alphaliner data, the Splash 247 article states that the MSC share reached 21.5% of total…

As capacity constraints return, Asia freight rates surge

In the Asia to Europe ocean freight arena, the U-Freight Group is seeing a market that is facing renewed pressure on freight rates as space and equipment shortages begin to tighten market conditions across key trade lanes. We have seen the Far East and Indian Subcontinent westbound market experiencing significant rate increases in recent weeks,…