Record container numbers as volume is up by 6%; air cargo is up by 2%
We are sharing the latest version of the cargo report – the landmark 250th edition.
Some highlights discussed this week include the following:
1. Transnet FY2025 results:
a. Performance improved, as revenue rose +7,8% to R82,7bn, EBITDA grew +39% to R30,6bn, and the annual loss narrowed significantly to R1,9bn.
b. Operational progress, but more to do, as throughput improved across rail and automotive, while container and pipeline volumes highlight areas still requiring focused attention.
c. Financial resilience mixed: Debt remains high at R144,8bn and legal/irregular expenditure challenges persist, though increased capital investment in ports and rail infrastructure is an encouraging step forward.
2. Global container throughput:
a. Global throughput is up by +3,0% monthly in July, and by +5,1% annually – close to the record 16,7 million TEUs.
b. SSA imports up +3,8%, and exports +1,9%; although the focus remains on North America, registering a fourth consecutive month of declines in exports, as the world is adjusting to the tariffs imposed by President Trump.
