Ctrack transport, freight index shows deterioration in all but one of six sectors tracked

After increasing somewhat in December, the Ctrack Transport and Freight Index (TFI) declined notably in January to a level of 119.3 – a drop of 2.1%, compared with December’s 121.9. The extent of the weakness is almost similar to the pressure the sector experienced during the KwaZulu-Natal looting and flooding episodes, notes the index report.