In 2023, the UK road freight transport volume was 166.59 billion tonne kilometers. Based on forecasted data: the volume of road freight is projected to increase modestly year-on-year by 0.55% to 0.70% from 2024 to 2028. The compound annual growth rate over five years is about 0.65%, reflecting steady but slow growth.
Future trends to watch include:
- Potential impacts of environmental regulations on road transport.
- Technological advancements like autonomous vehicles.
- Brexit-driven changes in trade patterns and logistics.
- Supply chain disruptions or innovations post-COVID-19.
