Containers are down by 5% this week; air cargo is up by 2%
We are sharing the latest version of the cargo report.
This will be the third last report of the year.
Some highlights discussed this week include the following:
1. Local cargo throughput reduction coincides with a slight global downturn
a. Local and global container markets show parallel softening, with sentiment subdued, while air cargo through ORTIA remains relatively robust despite operational constraints.
b. Positive structural shifts – reform initiatives, equipment upgrades, operational efficiencies, and stronger collaboration – are continuing but remain early-stage.
c. Most logistics segments are still recovering lost ground rather than achieving real growth, underscoring the need for sustained improvements to support broader economic development.
2. Summary from around the globe:
a. Schedule reliability slipped to 65,2%, with average delays nearing five days.
b. Market sentiment weakened as TEU-mile demand growth fell below vessel supply, weighing on freight rates, particularly on Transpacific routes.
c. Carrier profitability improved in Q3 2025 due to front-loading, reaching an average margin of ↑13,7%, albeit uneven across operators.
