On December 29th, data showed that from January to November, the total revenue of the logistics industry was 12.5 trillion yuan, a year-on-year increase of 4%, with a growth rate 0.2 percentage points higher than that from January to October. The growth rate has rebounded for three consecutive months. From an industry perspective, over 80% of the logistics business volume index is in the expansion range, while the railway, e-commerce, express delivery, and warehousing industry indices have rebounded and improved. In November, the daily average loading capacity of national railways reached 194000 vehicles, breaking the historical record again after setting the highest monthly loading record in October. E-commerce express logistics maintains resilient growth. In November, the express delivery business completed 17.21 billion pieces, a year-on-year increase of 14.9%.
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