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Taiwan-based Freight Forwarder TGH Reports 125% Revenue Surge in October
Transportation · Air Freight/Couriers · economic_daily · 2026-11-09
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TGH posted a record-breaking monthly revenue of NT$3.358 billion in October, driven by robust growth in ocean freight and peak-season demand for air cargo services.
What Happened
Revenue Performance: TGH announced a consolidated revenue of NT$3.358 billion for October, marking a 12.09% monthly increase and a 125.54% year-on-year jump, reaching a four-year high. The cumulative revenue for the first ten months of the year reached NT$23.497 billion, representing a 34.02% growth compared to the same period last year.
Ocean Freight: The ocean freight division served as the primary growth engine, contributing NT$2.387 billion in revenue for the month, a 204.22% year-on-year increase. The group successfully expanded its client base among multinational manufacturers by leveraging competitive freight rates and stable cargo space capacity.
Air Cargo: Air freight revenue reached NT$6.62 billion, up 43.88% year-on-year. Driven by urgent logistics demands from the AI, semiconductor, and high-tech component supply chains, the group strengthened its specialized air cargo services, particularly for shipments destined for the United States.
Strategic Outlook: The group continues to integrate its global service network and logistics expertise to scale its operations. By focusing on cross-regional coordination and supply chain reliability, TGH aims to maintain its momentum in meeting the evolving delivery and scheduling requirements of its international clients.