2025年5月份中国物流景气指数为 50.6%，较上月回落0.5个百分点；中国仓储指数为50.5%，较上月回落0.2个百分点。业务总量指数保持扩张。业务总量指数为50.6%，保持扩张区间运行。固定资产投资完成额指数连续回升。固定资产投资完成额指数环比回升超过0.5个百分点， 道路运输业、邮政快递业、航空运输业和水上运输业固定资产投资完成额指数分别 环比回升0.7、0.5、0.6和0.4个百分点。

交通运输行业：高股息+稳业绩双驱动，交运红利配置正当时－华创交运行业红利资产月报（2025年10月）

交通运输物流行业：客座率高位传导至价格提升，关注淡季价格拐点－2025年9月航空数据点评

25 年年初至今交运行业走势：物流板块相对强势，基础设施板块走弱。交运行业整体涨跌幅（+2.6%），跑输沪深 300（沪深 300 涨跌幅为+23.6%）。在震荡市中（年初至 6 月底），部分子板块如物流行业（受益于无人物流车概念）能取得相对收益；25 年 7 月份至今，沪深 300 明显走强，收益约 15.4%；交运走势较弱，收益仅 3.6%；物流等板块受益于“反内卷”政策，走势相对较好。高速公路、铁路运输、港口等板块呈现下跌趋势。航运因油运行业景气改善，走势相对较好。

Intermodal freight transportation refers to the method of moving goods using two or more different modes of transport, such as rail, road, sea, and air, while keeping the cargo in a standardized container throughout the journey

The global helicopter-based transport market refers to the industry involving the transportation of passengers, goods, or equipment by helicopters on a global scale. This market encompasses various sectors, including commercial, military, and private helicopter operations.

Healthcare logistics refers to the planning, management, and execution of the movement and storage of healthcare products, equipment, and supplies throughout the healthcare supply chain. It involves the coordination of various activities, including procurement, warehousing, transportation, distribution, and inventory management, to ensure the timely and efficient delivery of healthcare goods to healthcare facilities, pharmacies, and ultimately to patients.

A Floating Storage Regasification Unit (FSRU) is a specialized vessel designed to receive, store, and regasify liquefied natural gas (LNG) offshore, making it available for onshore distribution or direct transfer to smaller vessels.

物流行业：无人物流行业兴起，无人叉车企业或充分受益－低速无人行业系列研究报告之二

物流行业：反内卷托底价格延缓现金流恶化，全链路降本重塑长期竞争格局－快递板块二季报总结