Sino-American Freight Forwarders benefits from booming AI semiconductor shipments, July revenue up 37.8%

International logistics provider Sino-American Freight Forwarders (5609) announced a significant surge in its July revenue, which climbed 37.8% year-on-year to NT$3.27 billion. This robust performance was fueled by sustained demand across key sectors, particularly semiconductors, AI servers, and other high-technology related logistics.

The company's diverse logistics services all saw substantial growth. Air freight revenue increased by 36.3% compared to the previous year, while sea freight experienced a 40.8% rise. Contract logistics also contributed strongly, growing by 37.5%. Cumulatively, from January to July, the group's consolidated revenue reached NT$19.85 billion, marking an 18.3% increase over the same period last year.

Sino-American Freight Forwarders noted that while global manufacturing Purchasing Managers' Index (PMI) remained in expansion territory in July, growth momentum was moderating. The traditional peak season in the third quarter is tightening capacity on some sea routes. However, the earlier rush of shipments driven by U.S. tariff policies has begun to fade, leading to a decrease in freight rates on trans-Pacific routes from their previous highs.

In the air freight market, regional variations were observed. Demand for AI and semiconductor-related exports from Taiwan remained supportive, whereas the European market saw a decline in demand and freight rates due to adjustments in cross-border e-commerce policies. Looking ahead, the company anticipates that the ongoing global supply chain restructuring and the continued development of the high-tech industry will drive increasing demand for integrated supply chain management, visibility, and risk management services. Sino-American Freight Forwarders plans to enhance its supply chain management services, leveraging its global network, digital capabilities, and local expertise to bolster its competitive advantage.