Phononic crystal platforms provide a promising route toward scalable on-chip quantum networks, where mechanical excitations mediate interactions between solid-state qubits. A key building block of such architectures is the cavity-waveguide system, in which localized mechanical modes couple to propagating phononic modes. However, a quantitative understanding of the mechanisms governing this coupling remains incomplete. In this work, we investigate the interaction between localized modes of snowflake-type phononic crystal cavities and a phononic crystal waveguide using finite-element simulations and experimental measurements. We show that the coupling strength is primarily governed by the spatial overlap between the displacement fields of the corresponding isolated cavity and waveguide modes. After accounting for the effective-mass dependence of the normalized cavity displacement amplitude, we establish a strong correlation between the spatial overlap and the interaction strength across a wide range of mode combinations. Deviations from this leading-order behavior are associated with Bloch-phase effects, variations in waveguide group velocity, and intrinsic hybridization of waveguide modes. Furthermore, we provide experimental evidence for cavity-waveguide coupling in a GaAs phononic crystal membrane by observing a clear resonance in the spectral broadening of the photoluminescence emission from an embedded quantum dot, which serves as a local probe of the mechanical field. The observed resonance at approximately 398 MHz is in good agreement with the corresponding cavity resonance near 395 MHz predicted by finite-element simulations. Our results identify spatial mode overlap as a leading-order design parameter for cavity-waveguide coupling and provide practical guidelines for controlling interactions between localized and propagating modes in phononic crystal structures.