19 June 2025 – After declining for eight consecutive months to reach a revised index level of 113.5 in January 2025, the lowest since December 2022, the Ctrack Transport and Freight Index (Ctrack TFI) increased in each of the three months to April to reach an index level of 115.4. At this level the index is 1.6% higher than in January, but still 6.4% below a year earlier. While somewhat of a bounce-back, in essence it can only be seen as a stabilisation of the logistics sector after a pro-longed slump, as underlying weaknesses in some of the subsectors remain prevalent.
Considering the first four months of 2025, three sub-sectors contracted compared to a year earlier and three sectors advanced. However, given that the heavy-weighted road freight sub-sector remained under pressure, the overall logistics sector lagged by 4.7% compared to the corresponding period one year earlier. Road freight (-7.5%), transport via pipelines (-13.8%) and the sub-component for storage and handling (-10.0%) contracted, while the air freight (14.1%), rail freight (3.9%) and sea freight (1.2%) sub-sectors recorded growth. Furthermore, following monthly increases in the Ctrack TFI in February and March, the index stalled in April, suggesting that the sector is by no means out of woods yet. Read full report via Ctrack: https://abrbuzz.co.za/publications/press-and-customers/ctrack/Ctrack-Transport-Freight-Index-Q2-2025.pdf
