steady and rising! china's highway logistics freight index is 104.2 points in august
2024-09-03
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the china federation of logistics and purchasing today (3rd) released the china highway logistics freight index for august. driven by bulk commodities and summer consumption, the overall highway transport market has been stable and rising, and the china highway logistics freight index has rebounded month-on-month for two consecutive months.
in august, china's highway logistics freight rate index was 104.2 points, up 1.03% from the previous month. looking at the vehicle type index, the index of each vehicle type continued to rise month-on-month. among them, the vehicle index mainly for bulk commodities and regional transportation was 104.5 points, up 1.06% from the previous month.
overall, driven by bulk commodities and summer consumption, the road transport market has been stable and rising, maintaining a certain level of market activity. in addition, affected by the hot and rainy weather, the supply of transport capacity in some regions has decreased, and the balance of market supply and demand has been adjusted. the freight index has rebounded slightly and continuously, and driven by the continued positive recovery of the economy, the overall level this year is better than the same period last year. in terms of regions, the freight index in the northwest, southwest, and shandong peninsula has rebounded rapidly.
