中国物流与采购联合会：2025年10月份中国公路物流运价指数为104.9点

Core Insights - The China Road Logistics Freight Index for October 2025 is reported at 104.9 points, showing a month-on-month decline of 0.10% and a year-on-year decrease of 0.11% [1] - The overall economic operation in China is stabilizing, but market demand remains weak due to domestic and international macroeconomic conditions [5] Index Performance - The freight index for full truckload, primarily for bulk commodities and regional transport, is at 105.5 points, down 0.12% from the previous month but up 0.03% year-on-year [2] - The less-than-truckload (LTL) index shows mixed results: the light cargo index is at 102.6 points, up 0.02% month-on-month but down 0.78% year-on-year; the heavy cargo index is at 105.5 points, down 0.16% month-on-month but up 0.05% year-on-year [2] Market Dynamics - The demand for road transport has contracted compared to previous periods, influenced by the "Double Festival" holiday and a slowdown in enterprise production [5] - The freight index is expected to stabilize and potentially rise towards the end of the year, driven by increased production and sustained consumer demand [5] - Regional performance varies, with the Northeast and Yangtze River Delta regions seeing an increase in freight index, while other regions experienced declines [5]