The forecast for national transport of loaded road freight in the UK shows a gradual decline from 6.51 billion vehicle-kilometers in 2024 to 6.38 billion vehicle-kilometers in 2028. This represents a year-on-year decline of approximately 0.5% to 0.6% annually. Considering the data for the past few years, if the transport value stood higher in 2023, this suggests a continuing trend of slight contraction in road freight transport volumes.
Future trends to watch for:
- Impact of increased regulation and environmental policies on road freight transport.
- Advancements in logistics technology, including autonomous vehicles and route optimization.
- Shifts in consumer behavior affecting demand for goods transportation.
- Potential impact of post-Brexit trade policies on freight volumes.