Teleport expands network across Asia-Pacific and Europe to capture 2H eCommerce peak

Expansion follows strong 1H performance, marked by 35% YoY revenue growth and a fourth consecutive profitable quarter despite industry constraints.

KUALA LUMPUR, Malaysia, Sept. 9, 2026 /PRNewswire/ -- Teleport, Capital A's logistics venture and leading Southeast Asian eCommerce logistics specialist, reported continued growth momentum for the first half (1H 2026) performance, recording 35% YoY revenue growth to USD156.4 million and its fourth consecutive profitable quarter despite industry-wide capacity constraints and jet fuel volatility. Building on this foundation, Teleport is accelerating its network and capacity expansion across key Asia-Pacific and Asia-Europe corridors to capture seasonal second-half (2H 2026) eCommerce peak.

In the first-half of 2026 (1H 2026), Teleport performance outpaced Southeast Asia and Asia Pacific. In Southeast Asia, Teleport grew volume by 34%, nearly tripling the regional market growth rate of 12%. Across the Asia-Pacific region, Teleport expanded revenue by 26% and volume by 12%— a sharp contrast to the broader Asia Pacific air cargo market, which fell into negative growth (declining by 3% in revenue and 5% in volume).

Pete Chareonwongsak, Chief Executive Officer of Teleport, said "1H2026 shows the durability of our asset-light, hybrid Teleport Network. Jet fuel volatility and Middle East corridor disruptions defined the first-half for this industry, yet we still moved and grew volume. As cargo volumes continue to scale across our Network, the benefits of scale is coming through at the profit lines and it is holding across quarters "

"In the second half, we are putting the USD50 million growth capital to work ahead of peak season, expanding third-party airline capacity and connectivity through new corridors: China to the Middle East via the Bahrain strategic hub, Asia into Oceania, Penang to Europe via the Maldives, and China to the Philippines, among others. This further enhances the Teleport Network's flexibility and agility to maintain the durability of our operational capability in a challenging market," he added.

Continued eCommerce demand drove strong volume and margin growth across Teleport's network in 1H 2026:

• 1H Total volume: Increased 18% YoY to 182,660 tonnes 
• 1H Parcels moved: Grew 99% YoY to 118.2 million parcels
• 1H EBITDA: Improved 15% YoY to USD 12.1 million, driven by eCommerce margin expansion and cost discipline
• 1H Net Operating Profit (NOP): More than doubled YoY to USD 2.7 million (from USD 0.7 million in 1H 2025)
• 1H Profit After Tax (PAT): USD 3.1 million (2Q marks a fourth consecutive profitable quarter)

The Teleport Network®'s unique, asset-light model combines passenger and freighter capacity of third-party airlines, AirAsia's belly space, and Teleport's own freighters – this hybrid capacity profile provides the operational agility and flexibility required to navigate market shocks while scaling efficiently. Demonstrating the Teleport Network® in action, in 1H 2026, Teleport grew volume moved on third-party capacity by 7% YoY and increased dedicated freighter utilisation by 89% YoY. This was supported by adding and deepening key partner airline relationships, including a new capacity partnership with MASkargo for Phnom Penh, extension of the General Sales Agent (GSA) contract with Turkish Cargo out of Kuala Lumpur and adding Myanmar Airways International freighter capacity in Yangon, among others.

Today, Teleport's asset-light network reaches more than 290 cities across 80 countries in Asia-Pacific and beyond, ranking #1 in Southeast Asia and #9 in Asia by volume, according to WorldACD.

About Teleport

Teleport is an integrated eCommerce logistics specialist operating the largest, yet asset-light, air network in Southeast Asia. We are on a mission to move things across the region faster, cheaper and better than anyone else - by giving access to affordable and reliable cross-border delivery for all big and small businesses, as fast as next-day. Teleport is a logistics venture of Capital A, with a presence across Malaysia, Singapore, Thailand, Indonesia, Philippines, Chinese Mainland, Chinese Hong Kong and India.

For more information, please visit teleport.it or our social media on LinkedIn, and Instagram.

For media enquiries, please contact:

Teleport Communications Team:  teleportcomms@teleport.it

SOURCE Teleport