Based on the forecast for the transport of empty road freight in the UK, the vehicle-kilometers are expected to decrease from 1.21 billion in 2024 to 1.06 billion by 2028. This represents a declining trend with an average year-on-year decrease of approximately 3.27%. It is expected that the Compound Annual Growth Rate (CAGR) will show a diminishing pattern over this five-year period, signifying a continuous reduction in empty road freight transport.
Future trends to watch for include:
- Increased efficiency in logistics and freight transport, possibly reducing empty trips.
- Technological advancements and regulatory changes that may impact transport operations.
- The influence of economic factors on freight demand and supply chain behaviors.