Teleport recorded a sharp increase in parcel volumes in the second quarter of 2026, handling 56.5 million parcels, up 79% year-on-year, as the logistics company continued to scale its hybrid air cargo network despite global capacity constraints.
Total cargo moved during the quarter increased 11% year-on-year to 85,877 tonnes, supported by growth across all three sources of capacity in Teleport’s network — dedicated freighters, third-party airlines and AirAsia belly space.
Dedicated freighters recorded the strongest growth, with cargo volumes surging 89% year-on-year to 9,985 tonnes. Teleport attributed the increase to higher aircraft utilisation and strong charter demand.
Cargo carried through third-party airlines rose 7% to 11,776 tonnes, reflecting deeper integration with more than 55 partner airlines.
Meanwhile, AirAsia belly capacity remained the largest component of Teleport’s network, handling 64,116 tonnes, an increase of 5% from a year earlier. Teleport described the capacity as the core regional backbone of its network.
Combined, the three capacity sources accounted for the 85,877 tonnes moved during the quarter, illustrating Teleport’s strategy of combining dedicated aircraft with partner-airline capacity and AirAsia’s passenger aircraft network.
The strong parcel growth also indicates increasing e-commerce volumes moving through the network, with parcel expansion significantly outpacing the increase in overall cargo tonnage during the quarter.
Teleport said the increased volumes demonstrate the operating scale of its asset-light hybrid network, as it prepares for the traditionally stronger second-half e-commerce period.
“As volume scales across our asset-light hybrid network, Teleport is gearing up to deploy growth capital into critical global trade corridors ahead of the 2H eCommerce peak,” the company said.
Teleport is expected to provide further details on its growth plans in a full announcement on Sept 9.
