Reasons for the decline of loans in transportation and logistics industries

A few days ago, the the State Council executive meeting decided to further reduce the toll of toll road trucks by 10% in the fourth quarter, and at the same time give targeted financial policy support to toll road operators to appropriately reduce financing costs.

Since the beginning of this year, the transportation and logistics support work has continued to exert its strength, and various support policies have been accelerated, which has continued to solve problems for the transportation and logistics industry. Among them, as the key measure of financial bail-out, all localities have accelerated the special refinancing of transportation and logistics to 654.38 billion yuan, making remarkable progress.

"Real money and silver" fee reduction is very popular.

Regarding the policy of lowering the toll of trucks on toll roads 10% in the fourth quarter, the insiders believe that this move will reduce the cost burden for truck drivers and enterprises and greatly help the main participants in the overall road freight industry.

The reporter interviewed a number of truck drivers randomly, and the respondents generally reflected that preferential policies would help reduce their operating costs. According to several truck drivers, in addition to the fuel cleaning fee, toll is a relatively large part of the cost of the car. The number of toll road sections selected according to the actual route can account for about 20% or even higher in the overall calculation.

Master Ma, a young truck driver who just started running freight, told the Securities Daily reporter, "Many old masters will take the free national road, which will save some costs. But I will choose to run the toll highway. First, safety. Second, it takes less time to receive more freight bills. But in this way, the toll will be higher in my trip cost. If there are discounts in the future, it will be helpful for drivers like me who run more toll roads. "

Master Ma calculated an account. Although the highway toll standards in different provinces are not exactly the same, the average toll per kilometer of his truck model will be about one yuan. If you run an expressway about 1000 km, you need to pay about 1000 yuan from 900 yuan. And if we can reduce the toll of 10%, we can pay about 100 yuan less.

The truck driver, surnamed Liu, took orders in Datong City, Shanxi Province all the year round. He told the Securities Daily reporter: "I have been running trucks for almost eight years. I usually try to run the free line, but it really takes time. If the toll road fee is lower later, I am also willing to run more highways, save time and run more orders, which will definitely help my income. "

However, Liu Ye, the driver, admitted that he was worried that the cost would drop in the future, so would the freight. Generally speaking, if logistics efficiency can be improved, there will still be more income.

Multi-site special refinancing continued to land.

"Since the launch of the special refinancing for transportation and logistics, because the interest rate is much lower than other products, there are more logistics companies and individual truck drivers who come to consult and apply, and the overall application activity is very high. The HP department of our branch is also fully supportive, and all outlets can handle it. If the procedures are complete, the next payment will be very quick. The number of local logistics companies applying for special refinancing is relatively large, and the application amount is generally around 6,543,800 yuan. " A salesman of an agricultural bank branch in Guangdong Province said in an interview with a reporter from Securities Daily.

Since its establishment in May, the special refinancing of transportation logistics, which aims at supporting road freight transport enterprises and individual industrial and commercial households and giving priority to meeting the financing needs of truck drivers, has made remarkable progress throughout the country.

Taking Guangdong Province as an example, according to the working dynamics of Guangzhou Branch of the Central Bank, since the first batch of special refinancing loans for transportation and logistics landed in Guangdong in July 2022, seven national banks in Guangdong have used the low-cost funds of the Central Bank to provide preferential interest rate loans to 136 transportation and logistics enterprises and truck drivers, with a weighted average interest rate of only 3.49%.

According to the public information of the Ministry of Transport, on September 2, the Hubei Provincial Department of Transportation said that during the year, the province issued a total of 654.38+0.47 billion yuan of group loans for transportation and logistics "two enterprises and two industries" (road cargo transportation enterprises, logistics distribution enterprises, individual industrial and commercial households and individual ordinary freight owners), of which 654.38+0.90 billion yuan was used for special refinancing of transportation and logistics. On September 23rd, the information of Sichuan Provincial Department of Transportation showed that 2 1 city (state) had signed a contract to lend 602 million yuan to the "two enterprises and two" group, benefiting 654 transportation and logistics enterprises and individual transporters. Other places are also actively promoting the credit demand in the field of docking transportation and logistics, and fully supporting the work of ensuring smooth logistics.

According to the reporter's actual investigation, various localities have widely interpreted and publicized the special refinancing policy for transportation and logistics through various publicity platforms to help market participants with financing needs quickly understand the application conditions and procedures. Shandong Province, Qinghai Province, Shaanxi Province and other places also provide the detailed contact information of the handling bank, which can consult and handle business "point to point", greatly facilitating the docking of financing demanders.

Li, chief analyst of fixed income of Cinda Securities, said that the performance of many highway operating companies was affected by the epidemic. The use of special refinancing tools can reduce the financing cost of such enterprises, and further encourage these institutions to reduce tolls and achieve profitability.