China's April Road Freight Rate Index Rebounds to 105

[China's Road Freight Rate Index in April Was 105]

The China Federation of Logistics and Purchasing (CFLP) released China's Road Freight Rate Index for April on the 8th. As market demand stabilized and improved, the Road Freight Rate Index rebounded MoM and continued to increase slightly YoY.

In April, China's Road Freight Rate Index stood at 105 points, rebounding 0.23% MoM and 2.09% YoY. By car model, the indices for various car models showed mixed performance MoM, while all increased slightly YoY. Among them, the index for full truckload transport, which mainly involves bulk commodities and regional transportation, was 105.5 points, rebounding 0.29% MoM and 2.45% YoY.