Geo-political factors continue to pressure logistics sector
during September.

The Ctrack Transport and Freight Index, which measures six sub-sectors of the South African logistics industry, continued its decline during September. This marks the fourth consecutive monthly contraction, confirming ongoing strain in the logistics sector. At a level of 118.0, the Ctrack Transport and Freight Index is now 1.7% below its level of a year ago and the lowest since February (116.9). The strain is evident across multiple sub-sectors measured by the Ctrack Transport and Freight Index and confirms the interdependence and intertwined nature of the logistics sector. Overall, the Ctrack Transport and Freight Index remains in negative territory on an annual basis for the second consecutive month, again confirming that many challenges remain for the sector.