China Federation of Logistics and Procurement
This week (February 7-February 11, 2022), the China Highway Logistics Freight Index, jointly investigated by China Federation of Logistics and Procurement and Lin'an Logistics Group, was 992.84 points, up 6.38% from last week.
Figure 1 China Highway Logistics Freight Index
in each week from 2016 to 2022, the index rings of each model have rebounded relatively quickly. Among them, the vehicle index was 998.56 points, up 6.31% from last week; the LTL light goods index was 969.66 points, up 6.64% from last week; the LTL heavy goods index was 997.44 points, up 6.34% from last week.
Figure 2 China's road logistics freight rate in each week since 2016 has been in the past week. The average price and month-on-month situation of some lines this week
This week, highway logistics demand rebounded slightly, capacity supply was generally stable, and freight index rebounded slightly month-on-month. Judging from the later trend, market demand is expected to show a rebound after the holiday, and the freight index may fluctuate and rebound.