The invention relates to a novel transportation safety warning system. The novel transportation safety warning system comprises a top cover, light-permeable cloth, a warning light and a base pile, three first hinges are distributed on the top cover at equal intervals, the first hinges are slidably connected with pull rods, the other side of each pull rod is slidably connected with a second hinge, the second hinge is fixedly installed on the base pile, the middle of the base pile is provided with the warning light, the outer sides of the pull rods are provided with the light-permeable cloth, the inside of the base pile is provided with a control chip, the circumference of the outer side of the top cover is provided with three layers of LED lights at equal intervals, solar panels are distributed on the surface of the base pile, and the bottom face of the base pile is provided with air suction bags at equal intervals. The novel transportation safety warning system is provided with an extension structure and has a suction function, when the system is in a compressed state, the system can be sucked on a high place of other objects through the air suction bags on the bottom face of the base pile, when the system is in a pulled state, light of the warning light is radiated on the light-permeable cloth, and through the LED lights at the outer side of the top cover, a better warning function is achieved.