China Federation of Logistics and Procurement
This week (August 15-August 19, 2022), the China Highway Logistics Freight Index, jointly investigated by China Federation of Logistics and Procurement and Lin'an Logistics Group, was 1028.46 points, up 0.13% from last week.
Figure 1 China Highway Logistics Freight Index
in each week from 2016 to 2022, each model index rose and fell from the previous month. Among them, the vehicle index was 1028.97 points, basically the same as last week; the LTL light goods index was 1026.65 points, 0.71% higher than last week; the LTL heavy goods index was 1028.62 points, basically the same as last week.
Figure 2 China's road logistics freight rate in each week since 2016 has been in the past week
Table 1 Comparison of the average price and month-on-month situation of some lines this week
This week, the demand for highway logistics was generally stable, the supply of transportation capacity slowed down slightly, and the freight index rebounded slightly. Judging from the later trend, the recent high temperature and rainy season weather factors are superimposed, and the freight index may continue to fluctuate slightly.