交通运输行业周报：10月快递件量同比+24%，“双11”快递件量创新高

Investment Rating - The report maintains a "Buy" rating for the transportation industry, particularly highlighting the express delivery sector's strong performance during the peak season [1]. Core Insights - The express delivery volume in October increased by 24% year-on-year, reaching 16.31 billion packages, with revenue growing by 12.3% to 125.79 billion yuan [4][16]. - The peak day of November 11 saw a record of 701 million packages processed, reflecting a 9.7% increase compared to the previous year [4]. - The report indicates a continuous expansion in the express market, with daily average volumes exceeding 580 million packages since the peak season began on October 21 [4]. Summary by Sections Weekly Focus (11.10-11.16) - The express delivery volume for October was 16.31 billion packages, a 24% increase year-on-year, while revenue reached 125.79 billion yuan, up 12.3% [4]. - The daily average volume during the peak season exceeded 580 million packages, indicating strong online consumer demand [4]. Industry Data Tracking (11.10-11.16) Air Transport Data - Domestic flight volume for the week was 85,385 flights, averaging 12,198 flights per day, a 1.62% increase from the previous week [5]. - Domestic passenger volume reached 11.74 million, a 2.77% increase, reflecting recovery to 112.24% of the 2019 levels [5][6]. Express Delivery Data - Weekly average collection volume was approximately 580 million packages, with a delivery volume of about 600 million packages, showing a week-on-week increase of 2.19% and 3.15% respectively [14]. - Year-to-date average collection volume was about 458 million packages, with a year-on-year increase of 26.71% [14]. Recent Key Reports - The report emphasizes the importance of high-end logistics and the ongoing recovery in the transportation sector, particularly in express delivery and air travel [3].