China's Road Logistics Price Index rose 0.6 percent week on week during the period between Nov. 23 and Nov. 27 to 1,064.4 points , according to a report released by China Federation of Logistics and Purchasing (CFLP) on Monday.
Full-Truck-Load index, a sub-index of the Road Logistics Price Index, increased 0.6 percent from the previous week to 990.8 points. Less-Than-Truck-Load Light Cargo index stood at 1,171.5 points, up 0.5 percent week on week. Less-Than-Truck-Load Heavy Cargo index gained 0.5 percent on week to 1,177.7 points.
Analysts noted that road logistics demand was expected to show positive signs of stabilization in the next two weeks, due to recovery of coal demand amid low temperature in winter and frequent shipments of suppliers led by E-commerce promotion in November.
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