Tag: Transport Index

Recovery in the logistics sector continued during April 2024

Recovery in the logistics sector continued during April 2024

After declining notably in the first two months of the year, the Ctrack Transport and Freight Index (Ctrack TFI) increased in March and April to reach an index level of 123.4, an increase of 2.8% compared to March’s level, and 1.5% above year-ago levels. Except for the two sub-sectors (sea […]

Broad-based weakness evident in the logistics sector in January 2024

Broad-based weakness evident in the logistics sector in January 2024

After increasing somewhat in December 2023, the Ctrack Transport and Freight Index (Ctrack TFI) declined notably in January to an index level of 119.3, a drop of 2.1% compared to December’s level of 121.9. The extent of the weakness evident reminds of the pressure the sector experienced amid the KZN […]

The logistics sector lifts its head during October

The logistics sector lifts its head during October

The logistics sector lifts its head during October. Following four consecutive monthly contractions, the Ctrack Transport and Freight Index defied expectations to record growth during October. At an index level of 120.7, the Ctrack Transport and Freight Index is tracking 2.8% above year-ago levels. While the improvement at the start […]

The South African logistics sector buckled in October amid Transnet strike

The South African logistics sector buckled in October amid Transnet strike

The South African logistics sector declined abruptly during October, as Transnet workers embarked on prolonged strike action to demand higher wage increases. With all the commercial ports affected, extensive economic damage was caused to a variety of the segments measured by the Ctrack Transport and Freight Index, including Road Freight […]

The South African logistics sector continues to improve

The South African logistics sector continues to improve

The South African logistics sector continues to improve The South African logistics sector continued to improve during the month of August, building on its strong Q3 performance. The Ctrack Transport and Freight Index (Ctrack TFI) grew by 2.0% in August compared to July, which represented a 12.9% improvement compared to […]