China's road logistics freight index rises slightly year-on-year in November - Chinese report

On the 4th, the China Logistics Purchasing Federation released the November road logistics freight index. As market demand continues to recover, supply also increases, and the freight index increased slightly compared to the previous year.
According to the information released, China's road logistics freight index in November rose 0.75% year-on-year to 104.6 points. By vehicle type, the mainstay of large-lot and regional transport was
The truck freight index, which is calculated based on the freight rates of the two countries, rose 1.01% year-on-year to 105 points. China's road logistics freight index, although it fell slightly from the previous month, is still at a high level.
Overall, the continued implementation of inventory and volume expansion policies led to an expansion in production and consumption in November, stimulating market demand. At the same time, the improvement in the domestic market environment led to a recovery in supply.
is also increasing.