Price index for road logistics has increased in China

Price index for road logistics has increased in China
Xinhua Photos

The price index for road logistics in China increased by 0.9 percent in December. on an annualized basis. Industry data shows this.
According to a survey jointly conducted by the China Federation of Logistics and Purchasing and Guangdong Lin'an Logistics Group, the index stood at 104 last month. The sub-index of truck load logistics prices, which is mainly used to measure bulk cargo and regional transport, grew by 1.45 percent. compared to the same period last year, reaching 104.2.
The study also indicates that demand in the logistics market remained stable in December, while supply was oversupplied at the end of 2023.

Share post

More in the news

Do you want to upgrade your business?

Then contact us!

small_c_popup.png

Have questions? Contact us:

Let's start communicating

Please enable JavaScript in your browser to complete this form.

By clicking the “Send” button, you automatically consent to the processing of your personal data and accept the terms User Agreement.