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The China Federation of Logistics and Purchasing announced today the September China Highway Logistics Freight Index. The index rebounded month-on-month, seasonal factors gradually weakened, the road logistics market became more active, and freight rates rose moderately. In September, China's highway logistics freight rate index was 105.1 points, up 0.14% month-on-month and 0.06% year-on-year. By model index, the vehicle freight rate index, which mainly focuses on commodities and regional transportation, was 105.7 points, up 0.15% month-on-month and 0.06% year-on-year. Taken together, all model indices have rebounded month-on-month, and have been rising steadily over the same period last year. Looking at the subregions, the market showed structural changes, and capacity was tight in some regions at the end of the month.
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The China Federation of Logistics and Purchasing announced today the September China Highway Logistics Freight Index. The index rebounded month-on-month, seasonal factors gradually weakened, the road logistics market became more active, and freight rates rose moderately. In September, China's highway logistics freight rate index was 105.1 points, up 0.14% month-on-month and 0.06% year-on-year. By model index, the vehicle freight rate index, which mainly focuses on commodities and regional transportation, was 105.7 points, up 0.15% month-on-month and 0.06% year-on-year. Taken together, all model indices have rebounded month-on-month, and have been rising steadily over the same period last year. Looking at the subregions, the market showed structural changes, and capacity was tight in some regions at the end of the month.
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