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  • China's Dec. logistics performance

    Date:2016-2-25 10:37

    China's logistics performance continued to pick up speed in December.  That's according to the China Federation of Logistics & Purchasing.The Logistics Performance Index came out at 55 percent in December, up 0.8 percentage points from the previous month.  That marks the fourth consecutive month of growth since the industry performance hit the bottom in August. Logistics companies were making more profits in December. 

    The index of primary business profits was up 0.3 percentage points from the previous month to 49.8 percent.  But that's still below the 50 percent mark that separates contraction from expansion. Analysts believe the main drag on performance was weak demand of bulk commodities.

    TypeInfo: Industry News

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