China's logistic costs rise 18.7% year-on-year in the first ten months of 2011.

»China's logistics costs jumped 18.7 percent year-on-year from January to October to 6.4 trillion yuan(1.01 trillion U.S. dollars), followingincreasing transport costs, according to a report by China Federation of Logistics and Purchasing (CFLP) on Nov 23rd.

»The logistics volume in the first ten month reached 131.7 trillion yuan, a year-on-year rise of 13.3 percent, CFLP said in the report.