Independent journal on economy and transport policy
06:45 GMT+2
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The China Federation of Logistics & Purchasing announces a strong resumption of logistics activities in China in March
After the collapse of the LPI index in February to 26.2%, last month it rose to 51.5%
April 6, 2020
Illustrating the health of the logistics industry China in February 2020, the federation had specified that the index for the month had fallen sharply due to impact on the logistical activities of the pandemic Covid-19, which - the CFLP had pointed out - had had repercussions particularly on the logistics of the Transport. In presenting the LPI for February 2020, the Federation had stressed that, however, the impact health emergency on logistical activities would be short-term status, also thanks to the continuous improvement in disease prevention and control situation at the level National.
Forecast that was confirmed by the sharp rise index in the following month as a result of the significant recovery logistics activities and demand for services Logistical. The China Federation of Logistics & Purchasing highlighted that in March 2020 there was also a strong growth in the index of inventory levels in warehouses which rose to 52.7%, an increase of 13.7 points percentages compared to the previous month when it had fallen to 39.0% 12.1 percentage points compared to January 2020.
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