Teleport, Southeast Asia’s top air logistics provider, reported a 49% revenue increase in 2024, reaching RM 1.1 billion ($233 million), driven by delivering 84.1 million parcels. The company moved 295,926 tonnes, a 44.5% year-on-year rise, and achieved an EBITDA of RM 90 million ($19 million). The fourth quarter saw a 58% revenue boost to RM 352 million, with e-commerce revenue soaring by 172%. CEO Pete Chareonwongsak highlighted their 2024 focus on enhancing operational foundations and set ambitious goals for 2025, aiming to deliver two million parcels daily while expanding their network across Southeast Asia and beyond.

Source: https://www.stattimes.com/air-cargo/teleport-2024-revenue-up-49-parcels-delivery-doubles-1354605