China's road logistics price index rises slightly in Nov

China's road logistics price index went up slightly in November, driven by the continued recovery in market demand and the growing supply of road transport capacity, industry data showed on Wednesday.

The index came in at 104.6 in November, up 0.75 percent compared to the same period last year, according to the data from the China Federation of Logistics and Purchasing (CFLP).

The sub-index for full-truckload logistics, which mainly tracks bulk commodity and regional transportation, increased by 1.01 percent to reach 105 compared to the same period of last year, the data showed.

The CFLP attributed the growth in the index to the overall improvement in economic performance in November, driven by the positive effects of both existing and new policies. This, in turn, supported the ongoing recovery in market demand and encouraged greater participation from freight companies and individual drivers, leading to an increase in transport capacity supply, said the federation.

The U.S. dollar strengthened in late trading on Tuesday.

The dollar index, which measures the greenback against six major peers, added 0.28 percent to 99.134 at 15:00 (2000 GMT).

In late New York trading, the euro fell to 1.1649 U.S. dollars from 1.1672 dollars in the previous session, and the British pound declined to 1.3435 dollars from 1.3466 dollars in the previous session.

The U.S. dollar bought 159.11 Japanese yen, higher than 158.14 Japanese yen in the previous session. The U.S. dollar rose to 0.8006 Swiss francs from 0.797 Swiss francs, and it climbed to 1.3887 Canadian dollars from 1.3871 Canadian dollars. The U.S. dollar advanced to 9.2132 Swedish kronor from 9.1693 Swedish kronor.