SITC International reports a 14.2% revenue growth in Q1-Q3 2026, driven by increased container volume and freight rates.
SITC International Holdings Company Limited has announced its unaudited operating results for the first three quarters of 2026, showcasing strong growth across key metrics. The company recorded revenue of approximately USD 2.808 billion, a 14.2% year-on-year increase. Container volume reached 2,912,117 TEUs, up 5.9% year-on-year, while average freight rates climbed 9.4% to USD 825.9 per TEU. This performance highlights SITC's operational resilience in the Asian regional market.
Despite geopolitical disruptions and rising energy costs, SITC has maintained efficiency and service excellence. The company has taken a multi-pronged approach to adapt to fluctuating market conditions, including improving operational efficiency, enhancing service quality, optimizing fleet composition, and controlling costs. SITC remains focused on its intra-Asian routes, leveraging its container yard resources and landside connectivity to deliver end-to-end logistics solutions. The company's strategy aims to strengthen its position as a leading integrated logistics provider.
A key milestone for SITC in 2026 was the opening of the SITC Da Nang Container Yard on 8 July. Spanning 36,000 square meters, this facility is a joint investment between SITC Logistics and Da Nang Port, enhancing the company's logistics capabilities in central Vietnam. SITC now operates five container yards in Vietnam with a combined area of 450,000 square meters, including facilities at Tan Cang, Dinh Vu Port, Hai Phong Port, and Giang Nam Wharf. These resources streamline container handling, inland distribution, and transshipment operations, improving convenience for freight forwarders and exporters in the region.
SITC's strong performance in the first three quarters underscores its growth momentum. As it continues to expand its regional network, factors such as trade trends, freight rate movements, and cost control measures will play a pivotal role in driving future success. SITC's commitment to operational agility positions it well for continued growth in the evolving Asian logistics market.
