China's road logistics price index up in April

BEIJING -- China's road logistics price index continued its growth trend in April.

The index came in at 103.2 last month, up 2.18 percent year-on-year, according to a survey jointly conducted by the China Federation of Logistics and Purchasing and the Guangdong Lin'an Logistics Group.

Sub-indices for all types of vehicles rose from the same period of 2022, with that for full truckload logistics, which mainly measures bulk commodity and regional transportation, rising 1.91 percent year-on-year to 103.4, according to the survey.

It had an optimistic outlook for the road transport market in the second quarter of this year, predicting the index to be stable with slight fluctuations.

As positive factors in the market gradually accumulate, and enterprise production and operation environments continuously improve, companies have positive expectations for the market's future, said the survey.