In 2023, the transport of loaded and empty road freight in the UK stood at 150.0 million units (journeys). Forecasted data indicates a consistent decline from 2024 to 2028, dropping steadily from 145.02 to 126.07 million units. Year-on-year percentage changes reflect decreasing figures: 2024 (-3.31%), 2025 (-3.36%), 2026 (-3.42%), 2027 (-3.47%), and 2028 (-3.52%). The compound annual growth rate over these five years shows an average decrease of approximately 3.42% per year.
Future trends to watch for include:
- Technological advancements in logistics and fuel efficiency.
- Economic conditions that may impact demand for freight services.
- Environmental regulations influencing freight volume and practices.
