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China Nov. road logistics freight rate index hits 105.0 points, CFLP

BEIJING
2015-12-02 16:30

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China's Road Logistics Price Index dropped 2.6 percent month on month but gained 2.1 percent year on year to stand at 105.0 points in November, China Federation of Logistics and Purchasing (CFLP) and Guangdong Lin'an Logistics Group jointly released on Wednesday.

Full-Truck-Load index, one of the sub-indices of the Road Logistics Price Index, fell 3.5 percent month on month to 98.0 points.

Less-Than-Truck-Load Light Cargo index stood at 114.9 points, down 1.0 percent from that for October but up 4.1 percent from the beginning of 2015.

Less-Than-Truck-Load Heavy Cargo index retreated 1.8 percent month on month to 116.2 percent last month.

Analysts noted that road logistics demand is likely to remain stable in the coming few weeks with the Christmas festive season drawing near.

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