With our headquarters, as well as several freight and logistics hubs in the city, we note that cargo throughput at Hong Kong International Airport (HKIA) continued to gain momentum in January, with volumes growing 5.4% year on year to 415,000 tonnes during the month. The airport authority reports that all cargo sectors saw growth, with…
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Former President Donald Trump has found himself back in the headlines after US courts struck down a series of proposed tariffs. However, that wasn’t the end of the story. New duties have quickly followed, keeping importers and exporters firmly on edge. With our portfolio of international freight and logistics services for both import and export…
20
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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/…
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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…
16
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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…
10
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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…
10
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With average spot rates fallen on all Far East container front hauls to the USA and Europe in the past week, there may be a sting in the tail for shippers with carriers expected to begin blanking sailings more aggressively, says data provider, Xeneta. This is of great interest to the U-Freight Group with our…
09
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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,…
06
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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…
05
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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…
