In October, China's road logistics price index was 104.9 points, a decrease of 0.10% compared to the previous month.

In October, China's road logistics price index was 104.9 points, a decrease of 0.10% compared to the previous month and a decrease of 0.11% compared to the same period last year. Within the month, the price index rebounded in the second, third, and fourth weeks, while it decreased in the first and fifth weeks. Overall, the country's economic operation remained stable this month, influenced by both domestic and international macroeconomic environments, with overall weak market demand. The short-term fluctuation trend of road freight price index has declined slightly. In October, business production and operations slowed down slightly, compounded by the "double holiday" factor, leading to a narrowing of market demand for road transportation compared to previous periods. In the short term, the road transport market is slightly imbalanced in supply and demand, leading to a decrease in the price index on a month-on-month basis. Throughout the year, due to weak domestic demand, the traditional peak season for production and manufacturing in October has not fully manifested, resulting in the price index being lower than the same period last year, with a slight year-on-year decrease. However, as bulk commodity demand stabilizes in the fourth quarter, both full-truckload and less-than-truckload heavy freight transportation provide some support for the upward trend in the price index. Regionally, the road freight price index has rebounded slightly in the Northeast and Yangtze River Delta regions, while it has decreased in other regions.