The invention relates to a multi-bearing cable freight cableway circulating rail. A plurality of horizontal connecting rods are uniformly distributed and welded between a U-shaped outer rail and a U-shaped inner rail which are made of round steel; the inner rail and the outer rail are equally divided into an arc section and two straight sections respectively; the two arc sections are positioned at the same horizontal position; the four straight sections are bent upwards from the horizontal position to form arcs; four ends of the outer rail and the inner rail are provided with notches for connecting saddles; an outer rail bracket with the same shape as the outer rail is arranged under the outer rail; a plurality of vertical connecting rods are uniformly distributed and welded between the outer rail bracket and the outer rail; an inner rail bracket with the same shape as the inner rail is arranged under the inner rail; a plurality of vertical supporting rods are uniformly distributed and welded between the inner rail bracket and the inner rail; and a plurality of lower horizontal connecting rods are uniformly distributed and welded between the inner rail bracket and the outer rail bracket. The multi-bearing cable freight cableway circulating rail has the characteristics of simple structure and high conveying efficiency and is stable and safe.