7月11日，中国物流与采购联合会发布的《2025年货车司机从业状况调查报告》（下称"报告"）显示， 货车司机普遍反映2024年整体收入较2023年出现下降，同时61.22%的司机预期2025年的收入会减少。 但在有意愿或计划转行的货车司机中，46.32%的货车司机不清楚是否会有和当前收入相当的就业机 会。报告共回收有效问卷5936份。 近些年，货车司机的平均收入在蓝领群体中属于中等偏上水平。报告显示，货车司机月均收入集中在 5000元—8000元。其中，在受雇驾驶货车司机中，66.89%的收入在5000元—10000元之间；个体经营司 机收入则相对分散，48.43%的收入在5000元—10000元之间，19.22%的收入在3000元—5000元。 在这样的背景下，绝大多数货车司机认为目前的运费水平普遍偏低。其中，个体经营货车司机反映更加 强烈，占比高达94.05%。受雇驾驶货车司机虽然不直接参与运费磋商，但仍有77.48%的认为运价偏 低。 展望2025年，货车司机的收入预期也相对谨慎。报告显示，61.22%的司机预期2025年收入会减少。其 中，71.42%的个体经营货车司机预期收入会减少，远高于受雇驾驶货 ...

Core Insights - The expansion of occupational injury protection is addressing the needs of frontline workers, particularly truck drivers, who are essential to the logistics and transportation sector [1][4][6] Group 1: Occupational Injury Protection - Over 80% of truck drivers have participated in various social insurance programs, with a steady increase in participation rates [1] - The Ministry of Transport and other departments are promoting mutual insurance for truck drivers to provide support in case of accidents or serious illnesses [4][6] - The new employment form occupational injury protection pilot program has been expanded to include additional provinces and platforms, indicating a growing recognition of the need for such protections [6][7] Group 2: Social Security Needs - 59.91% of truck drivers believe that digital freight platforms should enhance freight insurance services, highlighting a significant gap in current offerings [1][5] - Legal aid services are the most urgently needed social security service, with over 50% of truck drivers expressing this need, reflecting ongoing disputes in the freight industry [4][5] - The report indicates that approximately 50% of truck drivers have encountered various freight disputes, with issues like unpaid freight being prevalent [5] Group 3: Industry Support and Infrastructure - More than 2,800 "Driver Homes" have been established across the country to provide essential services such as parking and rest areas for truck drivers, with over a quarter of drivers utilizing these facilities [5] - Experts suggest that there is a need to improve the freight insurance mechanism and establish a fair market pricing system to protect truck drivers' rights [5][6] - The logistics sector is crucial to the national economy, with over 38 million truck drivers responsible for more than 70% of the transportation of essential goods [1][4]

《调查报告》揭示了货车司机群体的年龄结构特征。数据显示，与2024年相比，46岁以上货车司机占比 增加，35岁以下从业者比例下滑，报告认为这显示出行业对年轻从业者吸引力不足。不过，从业年限在 11年以上的货车司机占比69.41%，接近七成，显示货车司机职业稳定性较高。 而按照经营属性划分，个体经营依然较为普遍，占比超过六成，不过受雇司机较2024年调查有所增加。 超过三分之一为受雇驾驶的司机，从业稳定性有所增强。 【环球网财经报道 记者谭雅文】一颗荔枝从广东茂名出发，24小时内就能送上珠三角市民的餐桌，也 能在极短时间内抵达长三角以及更远的城市。这种高效的跨区域运输，依托于强大的现代物流体系。而 支撑起这张网络的，是约3800万货车司机，他们承担了全国超七成的货运量。作为公路货运市场的就业 主体，货车司机的从业状况和权益保障一直是市场关注的焦点。 7月11日，中国物流与采购联合会发布了《2025年货车司机从业状况调查报告》（以下简称《调查报 告》）。数据显示，我国货车司机群体正面临劳动强度大、收入波动、货运不稳定等挑战，而数字货运 平台的普及正为行业转型升级提供关键支撑。 "货车司机的劳动强度相对较大，超过三 ...

Core Insights - The report released by the China Logistics and Purchasing Federation highlights the increasing integration of digital economy and road freight industry, with digital freight platforms becoming a crucial channel for truck drivers to find cargo [1] Group 1: Digital Freight Platforms - Nearly 60% of truck drivers use digital freight platforms to find cargo, with the proportion of platform-sourced cargo steadily increasing [1] - Over 70% of drivers believe the main advantage of digital freight platforms is the convenience in finding cargo, which has seen an increase compared to the previous year [1] Group 2: Employment and Insurance - More than 80% of truck drivers have participated in various social insurance programs, indicating a steady rise in the insurance coverage rate [1] - The employment fundamentals for truck drivers remain largely consistent with the previous year, showing relatively high job stability, with nearly 70% of drivers having over 11 years of experience [1] Group 3: Areas for Improvement - Truck drivers express that the most needed improvement in digital freight platforms is in freight insurance protection [1] - Experts suggest that there is a need to further enhance the freight protection mechanism, establish a fair market pricing mechanism, and strengthen the governance of digital freight platforms [1]

Group 1 - The 17th International Transportation Technology and Equipment Exhibition was held in Beijing, showcasing Guangxi's participation in the Greater Mekong Subregion (GMS) international road transport cooperation [1] - Guangxi Hengfa International Freight Forwarding Co., Ltd. presented successful outcomes of direct transport routes from Nanning, China to Hanoi, Vietnam during the exhibition [1] - The Chinese Ministry of Transport officials visited Guangxi's exhibition booth to understand the operations of cross-border transport routes and customs facilitation practices under the GMS framework [1] Group 2 - In the first half of the year, Guangxi issued 145,700 international vehicle transport permits, enhancing the efficiency of foreign vehicle entry through an online declaration system [2] - The number of international road transport companies in Guangxi increased to 91, with international freight companies rising from 14 in 2019 to 77, marking a 450% year-on-year growth [2] - Over 100 agent companies and cooperatives have activated online accounts, significantly improving the entry efficiency of Vietnamese vehicles [2]

Core Points - The pilot program for occupational injury protection for new employment forms will start on July 1, covering 11 platform companies in the ride-hailing, instant delivery, and local freight industries [1][2] - The payment standards for occupational injury protection fees are set at 0.01 yuan per order for the ride-hailing industry, 0.07 yuan and 0.25 yuan per order for the instant delivery industry, and 0.18 yuan per order for the local freight industry [1] - By 2027, the payment standards for platform companies will be subject to adjustments based on regulations [1] Industry Implementation - New employment personnel can report occupational injuries through a mobile app's "one-click reporting" feature, and claims for benefits must be submitted within a specified timeframe [2] - Medical expenses, rehabilitation costs, and other related expenses for occupational injuries will be covered by the work injury insurance fund [2] - Four commercial insurance companies have been selected to assist in the management of occupational injury claims and related processes [2] Current Status - Since the pilot program's launch, 595,000 new employment personnel have been included in the protection scheme, ensuring their legal rights are safeguarded [2]

人力资源社会保障部8日发布消息，扩大新就业形态人员职业伤害保障试点。自7月1日起，在原有试点 的7个省份、7家平台企业基础上，新增10个省份和滴滴出行、顺丰同城、滴滴货运、满帮省省等平台企 业。根据人力资源社会保障部等九部门近日联合印发的通知，2026年，新就业形态人员职业伤害保障试 点将扩大到全国所有省份，并将出行、即时配送、同城货运三个行业的平台企业总体纳入；2027年，探 索将其他行业的平台企业纳入试点范围。 作为为外卖骑手、网约车司机等创设的"新型工伤保险"，职业伤害保障自2022年7月启动试点以来，有 效发挥了重大伤亡事故兜底保障功能，切实维护了新就业形态就业人员的权益，同时也分散了平台企业 经营风险。 截至2025年6月，7个试点省份累计参保人数1234.57万人。人力资源社会保障部表示，下一步将按照"以 支定收、收支平衡"原则，持续完善政策标准，不断提升管理服务，从机制上提高经办服务效率和服务 体验，切实加强基金管理和运行监测。(新华社) ...

Core Viewpoint - Four internet freight platforms, including Manbang Group, Huolala, Didi Delivery, and Kuaigou, signed a self-regulatory convention to protect the legal rights of truck drivers, committing to block ultra-low freight sources and ensure timely payment of freight [1][3][4]. Group 1: Self-Regulatory Commitments - The companies will implement measures such as prepayment of freight by shippers, purchasing freight compensation insurance, and ensuring timely payment to help drivers receive their earnings fully and promptly [1][3]. - They will not link driver earnings withdrawal to platform behavior metrics or delay payments to drivers [1][4]. - The platforms will publicly disclose pricing rules, reduce excessive fees and commission rates, and ensure drivers are compensated for actual mileage without deductions [1][4]. Group 2: Monitoring and Accountability - The companies will actively monitor and evaluate transportation costs to establish a mechanism to block freight sources that are significantly below cost [3][4]. - They will restrict accounts of shippers who post false freight information or maliciously delay payments, sharing a blacklist of untrustworthy shippers across platforms [3][4]. - A "sunshine action" will be continuously conducted to ensure transparency in commission practices [3][4]. Group 3: Driver Support and Communication - The platforms will ensure rapid verification and handling of complaints received through the 12328 hotline, aiming to maximize resolution rates and driver satisfaction [4]. - They will establish channels for drivers to express their needs and concerns, including driver forums and community engagements, to foster communication and resolve disputes [4]. - The companies will revise management rules regarding driver behavior and service metrics to prioritize the protection of driver rights [4].

今日早参 2025 年 7 月 08 日 张继强 研究所所长、固收首席研究员 座机：13910012450 邮箱：zhangjiqiang@htsc.com 仇文竹 债券策略研究组长 座机：13910895671 邮箱：qiuwenzhu@htsc.com 今日热点 固定收益：暑期出行热度修复、黑色系价格上升 7 月第一周，地产方面，成交表现有所分化，上季末冲刺对数据与基数皆有 影响，新房略有修复，二手房整体趋势仍有收敛，房价有待企稳，土地溢价 率等指标低位运行。外需方面，吞吐量同比维持韧性，运价整体下降，特别 是前期涨幅较高的美线运价回落明显。生产端来看，工业方面，货运量有所 上行，但焦化、地炼、化工产业链与汽车开工率较前期有所收敛；建筑业方 面，水泥需求边际上略好于供给，黑色供需偏弱且延续主动去库，沥青开工 率当周有一定修复。消费方面，出行热度修复、暑期预定同比增长，汽车消 费热度延续。价格方面，原油受地缘扰动明显，黑色价格在反内卷政策影响 下上行。 风险提示：1)政策推进不及预期。2)海外经济和地缘政治风险的不确定性。 研报发布日期：2025-07-07 研究员 张继强 SAC:S05705181100 ...

7月3日，从国际航协获悉的5月全球航空货运需求定期数据显示，全球航空货运总需求，按照货运 吨公里（CTKs）同比2024年5月增长2.2%（国际需求增长3.0%），航空货运运力（可用货运吨公里， ACTKs）同比2024年5月增长2.0%（国际需求增长2.6%）。 此外，北美航空公司5月航空货运需求同比下降5.8%，在所有地区中增速最慢；运力同比下降 3.2%。欧洲航空公司5月航空货运需求同比增长1.6%；运力同比增长1.5%。中东航空公司5月航空货运 需求同比增长3.6%；运力同比增长4.2%。拉美航空公司5月航空货运需求同比增长3.1%，运力同比增长 3.5%。非洲航空公司5月航空货运需求同比下降2.1%；运力同比增长2.7%。 国家邮政局网声明：此消息系转载，国家邮政局网登载此文出于传递更多信息之目的，并不意味着 赞同其观点或证实其描述。文章内容仅供参考。 从航空货运运营环境来看，2025年4月，全球工业生产同比增长2.6%。同期，航空货运量增长 6.8%，超过全球货运贸易增长（3.8%）。2025年5月航油价格同比下降18.8%，环比下降4.3%。5月全球 制造业收缩，采购经理人指数降至49.1，低于 ...