In 2023, the UK's loaded national road freight transport volume stood at 156.6 billion tonne kilometers. From 2024 onwards, the forecasted data indicates a steady growth, reaching 161.4 billion tonne kilometers by 2028. The year-on-year growth from 2024 to 2028 remains consistent, showing a slight increase each year, highlighting the resilience and gradual recovery of the sector. The Compound Annual Growth Rate (CAGR) over these five years suggests a modest yet consistent upward trajectory.
Future trends to watch for include the impact of environmental regulations on freight logistics, technological advancements in vehicle efficiency, and potential economic changes post-Brexit that could influence freight demand and routes.
