politics

China's road logistics price index up

Font size+Author:Worldly Weaves news portalSource:travel2024-05-08 00:09:13I want to comment(0)

(Xinhua) 10:01, February 05, 2024BEIJING, Feb. 4 (Xinhua) -- China's road logistics price index edge

(Xinhua) 10:01, February 05, 2024

BEIJING, Feb. 4 (Xinhua) -- China's road logistics price index edged up 0.03 percent week on week from Jan. 29 to Feb. 2 as demand in the market remained generally stable amid slower supply expansion, industry data shows.

The country's road logistics index came in at 1,038.95 points last week, 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 types of vehicles logged mild increase week on week. Specifically, the figure for the full-truckload logistics price, which primarily measures bulk commodity and cross-regional transportation, stood at 1,040.28 points in the period, up 0.03 percent on a weekly basis.

The survey attributed the mild growth of the road logistics price last week to slower supply expansion in the sector amid general stable demand. The price index may see slight increase amid fluctuations before the upcoming Chinese Lunar New Year holiday, which starts on Feb. 10.

Related articles
  • Julia Fox and Law Roach team up for a sustainable fashion competition show

    Julia Fox and Law Roach team up for a sustainable fashion competition show

    2024-05-07 23:39

  • An Algerian reporter says he was expelled from his country without explanation

    An Algerian reporter says he was expelled from his country without explanation

    2024-05-07 22:36

  • Biden administration announces new partnership with 50 countries to stifle future pandemics

    Biden administration announces new partnership with 50 countries to stifle future pandemics

    2024-05-07 22:24

  • Guardiola reveals fresh Man City injury blow

    Guardiola reveals fresh Man City injury blow

    2024-05-07 21:58

Netizen comments