Quarterly Report | Published June 2025
A HESITANT TURNAROUND IN THE LOGISTICS SECTOR SINCE JANUARY
The Ctrack Transport & Freight Index (TFI) showed signs of a hesitant recovery in early 2025, rising for three consecutive months before stabilising at 115.4 in April 2025. This represents a 1.6% improvement from the January low, although the index remains 6.4% below April 2024 levels. While air freight continued its strong performance (+14.1%) and rail freight posted solid gains (+3.9%), the heavily weighted road freight sub-sector remained under pressure, contracting 7.5% in the first four months of the year. Storage and pipeline transport also declined. Early indications suggest the transport sector contributed positively to Q1 2025 GDP growth for the first time since Q4 2023.
For a detailed breakdown of sub-sector performances, charts, and in-depth analysis, please download the full Ctrack Transport & Freight Index Q2 2025 report here.
