Allcargo Logistics' July update shows mixed performance.

LCL volumes rose 10% month-on-month to 774 cbm, but declined 5% year-on-year.

FCL volumes grew 9% month-on-month and year-on-year to 59,443 TEUs.

Air volumes surged 28% month-on-month and 46% year-on-year to 3,690 tonnes.

Management expects global trade to grow but in a "stop/go" pattern.