China IoT: China's road logistics freight rate index was 105 points in April, up 0.23% month-on-month

The Zhitong Finance App learned that in April 2025, the China Highway Logistics Freight Index, which was jointly surveyed by the China Federation of Logistics and Purchasing and Lin'an Logistics Group, was 105 points, up 0.23% from the previous year and 2.09% from last year. Looking at the month, the freight rate index rebounded from the first to the fourth week.

Looking at the model index, the various model indices showed mixed month-on-month gains and losses, with a slight increase compared to last year. The vehicle index, which mainly focuses on commodities and regional transportation, was 105.5 points, up 0.29% from the previous month and 2.45% from the same period last year. In the LTL index, the LTL light goods index was 102.7 points, down 0.01% from the previous month and up 0.43% from the same period last year; the LTL heavy goods index was 105.5 points, up 0.29% from the previous month and 2.56% from the same period last year.

Overall, the economy has maintained steady operation this month, and market demand has been steady, moderate and positive. The road freight rate index increased month-on-month in April, with a marked increase over the previous year. Among them, the overall vehicle and LTL index rose, reflecting that although the external environment is complex and stressful, the potential for domestic demand has been released, and demand for productive consumption has clearly rebounded, driving a slight increase in transportation demand. On the other hand, the May Day holiday led to an early release of short-term demand, maintaining a good balance between supply and demand, and maintaining a good level of activity in the road transport market. Looking at the subregions, the regional freight indices in central China and northwest China have declined, while those in Northeast China, North China, Southwest China, the Pearl River Delta, the southeast coast, the Shandong Peninsula, and the Yangtze River Delta have rebounded.

Judging from later trends, China has the advantage of a hyperscale market. Market demand will continue to expand steadily. Enterprises are optimistic about future market expectations, but we also need to see that there is uncertainty in the international economic and trade environment. At the same time, as the release of early demand weakens, the overall freight rate index may be mainly stable, or fluctuate slightly.