INSIGHTS: IMPORTS AND EXPORTS
Encouraging uptick in SA’s logistics sector
Many Investec clients have reported strong trading months since lockdown restrictions were eased
12 November 2020 - 17:31
SA’s freight transport index has shown an encouraging uptick in the third quarter of the year, illustrating a recovery in demand.
According to the Ctrack Freight Transport Index, SA’s logistics sector has just had its strongest quarter of growth to date. In June the index recorded a decline of 17.6% compared to the previous quarter. Air freight — the worst hit sector — has had the strongest quarterly recovery, showing a 22.5% recovery, while sea freight grew 13.2% quarter on quarter...
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