Summary
[China Federation of Things: The epidemic has affected the logistics industry prosperity index in March and fell month-on-month]On April 2, the China logistics industry prosperity index in March 2022 released by the China Federation of Logistics and Purchasing was 48.7%, down 2.5 points from the previous month. percentage point; China’s warehousing index was 46.9%, down 4.4 percentage points from the previous month. According to reports, in March, affected by the epidemic in many places and geopolitics, the logistics industry prosperity index dropped significantly compared with the previous month. (Securities Times Network)
On April 2, China’s logistics industry prosperity index for March 2022 released by China Federation of Logistics and Purchasing was 48.7%, down 2.5 percentage points from the previous month; China’s warehousing index was 46.9%, down 4.4 percentage points from the previous month. According to reports, in March, affected by the epidemic in many places and geopolitics, the logistics industry prosperity index dropped significantly compared with the previous month. The impact of the epidemic is mainly in three aspects. First, both supply and demand are affected. From the perspective of the industry, the road transportation industry, warehousing industry and express delivery industry are greatly affected, and the business volume has dropped significantly. From the perspective of demand area, the prosperity index of the eastern, central and western regions are all in the contraction range, of which the eastern and central regions have fallen significantly. Second, the cost increase is relatively obvious, the main business cost index has reached a high of more than 60%, and the personnel and fuel costs are both rising. Third, the staged impact of the epidemic is limited. Domestic production and consumption are large and resilient, and they are accumulating energy. After the epidemic is effectively controlled, demand will gradually pick up.
(Article Source:securitiesTimes Network)