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Home breadcru News breadcru Logistics breadcru Apr 2023 marks 17.4% YoY boost in China's road freight sector
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Apr 2023 marks 17.4% YoY boost in China's road freight sector

31 May '23
1 min read
Pic: Shutterstock/Siwakorn1933
Pic: Shutterstock/Siwakorn1933

Insights

  • China's road freight volume rose by 17.4 per cent YoY in April, with 3.47 billion tonnes transported, according to the Ministry of Transport.
  • From January to April 2023, road freight volume increased by 8.4 per cent YoY to 12.04 billion tonnes.
  • Jilin Province, Tianjin Municipality, and Qinghai Province saw significant growth in freight volume.
China’s road freight sector experienced a significant year-on-year (YoY) increase in April, with a 17.4 per cent surge, as per the ministry of transport. Approximately 3.47 billion tonnes of cargo was reported to be transported.

Data revealed that in January-April 2023, the road freight volume was around 12.04 billion tonnes, marking an 8.4 per cent increase from the previous year. Jilin Province in northeast China saw the most substantial YoY rise in road freight volume at 50.8 per cent, closely followed by Tianjin municipality and Qinghai province in north and northwest China, respectively.

The country’s road freight volume saw a decrease of 4.4 per cent YoY from January to September 2022. Around 27.65 billion tons of road cargo was transferred during this period.

ALCHEMPro News Desk (NB)
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