The forecast for the national transport of loaded road freight in the UK from 2024 to 2028 shows a downward trend with values declining from 49.05 million journeys in 2024 to 40.99 million journeys by 2028. The year-on-year variation reflects a consistent decrease, indicating potential challenges in the sector.
From 2023 to the beginning of this forecast, evidence pointed to a potential stagnation or decreasing demand for road freight transport driven by economic, regulatory, or technological factors. The compound annual growth rate (CAGR) showcases a steady contraction in road freight activities over the five years.
Future Trends to Watch For:
- Impact of environmental regulations on decreasing road freight journeys.
- Technological advancements potentially optimizing freight logistics.
- Market shifts towards other transport modes or increased intermodal transport.
