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.