China's logistics prosperity index hit 53.6 percent in April, up 2.1 percentage points from the previous month.

On average, 11.16 million tons of freight were carried by railway per day in March, its high level since February, which stayed flat from the previous year.

China's resumption of production has been accelerating with the jump of highway freight nationwide.

Up to 50 percent of Vietnam’s logistics firms estimate they will see revenue cut in half this year compared to 2019 because of the COVID-19 pandemic.

In its initial stage, the railway will have 77 stations and allow trains to travel at 120 km per hour.

In the first four months of this year, cargo throughput and container throughput showed double-digit growth year on year.

On a trade forum in China recently, experts disclosed dry & bulk cargo seaborne demand was still strong and it would maintain annual growth of 6% in the next five years.

China has issued further guidance to support and modernize its shipping industry, saying it would encourage mergers and private investment as well as develop its cruise industry.