Ctrack Transport & Freight Index – Q1 2025 Report
We are pleased to share the latest edition of the Ctrack Transport & Freight Index (Ctrack TFI), published on a quarterly basis. This report provides a comprehensive analysis of key trends and performance metrics in the logistics and freight sectors, offering valuable insights for industry stakeholders.
In collaboration with an independent economist, Ctrack compiles and distributes this report to ensure reliable and objective industry statistics. We share the Index with industry stakeholders, partners, media outlets, and news platforms, establishing it as an authoritative source for industry analysis and updates.
Highlights from the Q1 2025 Report:
- Prolonged Decline in Sector Performance: The Ctrack TFI declined for eight consecutive months, reaching an index level of 112.8 in January 2025 — the lowest since December 2022. This extended decline resembles the strain experienced during the Covid-19 pandemic when the economy slipped into a deep recession.
- Year-on-Year and Monthly Declines: At this level, the index is 5.0% lower than a year earlier and down 10.1% from the peak of 126.5 in May 2024, highlighting a significant downturn in the latter months of 2024.
- Broad-Based Weakness: The logistics sector’s underperformance throughout 2024 has been widespread, resulting in the sector detracting from overall economic growth — a notable shift, as the transport sector has often outperformed the broader economy in the past.
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Looking Ahead:
The findings highlight critical challenges and underscore the need for strategic adjustments to navigate the current headwinds. This report serves as a reminder of the importance of resilience and adaptability in an evolving market.
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We hope these insights will help inform your planning and provide valuable perspectives on industry trends. Please find the full report and graphs attached for more detailed information.
For more information or further insights on the Ctrack Transport and Freight Index, feel free to reach out to us or visit our website at www.ctrack.com – Your journey towards a more informed and resilient transport and logistics operation begins with Ctrack.
Contact:
Nicolaas van Reede van Oudtshoorn | Marketing Manager
082 746 1664 |