This paper creates the evaluation index system for transportation efficiency of equipment by analyzing the influencing factors of evaluation on transportation efficiency of equipment; introduces combination weighting method, combines the subjective and objective weight values calculated with the analytic hierarchy process and the rough theory using the variance maximization theory, obtains the combination weight value of evaluation index of transportation efficiency of equipment, and constructs a multi-factor overall evaluation model of transportation efficiency of equipment on this basis to prove the feasibility of the model by an example. The model for evaluation on transportation efficiency of equipment based on subjective and objective combination weighting method in this paper is more scientific and reasonable than the evaluation model with single weight calculation method, which lays a foundation for further research on transportation efficiency of equipment.