More businesses look to Singapore for smooth flow of goods amid tariff volatility, say logistics firms

Logistics companies said that more businesses are looking to Singapore as an alternative route to ensure a smooth flow of their goods, amid global trade volatility sparked by sweeping tariffs imposed by the United States.

Port operator PSA Singapore and Changi Airport announced an increase in air and sea cargo volumes from January to April this year, compared with the same period in 2024.

PSA said it handled 14.1 million twenty-foot equivalent unit (TEU) containers, a jump of around 6 per cent, according to a written statement.

Meanwhile, data published on Changi Airport's website on May 22 showed that air freight movements were up over 2 per cent, for the same period.