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Industry

China's weekly road logistics price index edges up

August 09, 2022


Abstract : China's road logistics price index edged up last week, industry data showed.

A truck driver has his QR code scanned to enter an agricultural product logistics park in Hefei, east China's Anhui Province, April 13, 2022. (Xinhua/Du Yu)

BEIJING, Aug. 9 (Xinhua) -- China's road logistics price index edged up last week, industry data showed.

The index stood at 1,040.05 points in the week ending Aug. 5, up 0.06 percent over one week earlier, according to a survey jointly conducted by the China Federation of Logistics and Purchasing and the Guangdong Lin'an Logistics Group.

The sub-indices of all kinds of vehicles logged mild increase on a weekly basis, with that for full truckload logistics, which mainly measures bulk-commodity and regional transportation, edging up 0.07 percent to 1,041.78 points.

Last week, China's road logistics price saw slight fluctuations as the demand for road transport remained generally stable while the supply registered mild contraction, said the federation.

It predicted that the price index may edge down amid fluctuations in the near future during the off-season of road transport.

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Keyword: road logistics price index

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