The Synergistic Relationship between Low-Carbon Development of Road Freight Transport and Its Economic Efficiency—A Case Study of Wuhan, China

Road freight transport, an essential component of the logistics sector, faces challenges: high cost, low efficiency, and environmental impact. The need has become urgent to achieve a synergistic balance between low-carbon and high-efficiency development. This study used a three-stage DEA–Malmquist index model to analyze the road freight efficiency of Wuhan and 16 other cities in China from 2015 to 2020, and we compared Wuhan’s performance with its peers. In addition, grey correlation analysis was used to evaluate the low-carbon development of urban road freight transport in Wuhan. Through the calculation of the degree of synergy between low-carbon development and freight transport efficiency, this study provides insights into the synergistic development of low-carbon and efficient road freight transport in Wuhan. The key findings show that the total factor productivity of road freight transport in Wuhan was generally on a downward trend from 2015 to 2020, and was lower than that of the average of the 17 selected Chinese cities. The carbon emissions of road freight transport in Wuhan inversely related to its scale efficiency. This study also points out that the synergy between low-carbon development and the economic efficiency of road freight transport in Wuhan is not high and needs to be further integrated and optimized.