The country’s sub-index for full truckload logistics price—mainly measuring bulk commodity and regional transport—jumped 1 per cent YoY to 102.9, according to various Chinese media reports.
Stable prices in November 2022 were ascribed to different causes such as the market regulation mechanism and promotion of e-commerce shopping. However, excessive market capacity and demand slowdown were also noted.
ALCHEMPro News Desk (NB)
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