China's weekly road logistics price index continues to rise-Xinhua

China's weekly road logistics price index continues to rise

Source: Xinhua

Editor: huaxia

2022-05-19 18:56:13

Freight trucks enter the Hangzhou Transfar highway port in Hangzhou, east China's Zhejiang Province, April 13, 2022. (Xinhua/Jiang Han)

BEIJING, May 19 (Xinhua) -- China's road logistics price index continued its growth streak last week amid the country's efforts to safeguard logistics and production activities, industrial data showed.

The index stood at 1,039.44 points in the week ending on May 13, up 1.23 percent from the previous week, according to a survey jointly conducted by the China Federation of Logistics and Purchasing and the Guangdong Lin'an Logistics Group.

The demand for road logistics logged steady growth in the period, while the supply of transport capacity was generally stable, according to the federation.

It predicted that the index might remain stable or drop slightly in the future. 

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