China’s road logistics price index sees marginal growth

China’s road logistics price index edged up 0.06 per cent week-on-week from March 18 to March 22, industry data shows.
The country’s road logistics index came in at 1,025.06 points last week, according to a survey conducted by the China Federation of Logistics and Purchasing, and the Guangdong Lin’an Logistics Group.
The sub-indices of all vehicle types logged slight week-on-week increases.
The full-truckload logistics price, which primarily measures bulk commodity and cross-regional transportation, was at 1,026.41 points in the period, up 0.07 per cent from the week prior.
Road logistics demand was generally stable last week and the transport capacity was sufficient, according to the survey.
The survey predicted that the price index would witness mild fluctuations in its next stage.
(Zinhua/NAN)
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