The volume of cross-trade road freight transport in the UK stood at 650 thousand metric tons in 2023. Forecasts show a consistent upward trend from 2024 to 2028, with the volume increasing yearly. From 2024 to 2025, there is a year-on-year growth of approximately 2.49%, and from 2025 to 2026, it sees a 2.38% increase. The average annual growth rate over the forecast period (CAGR) from 2024 to 2028 is around 2.35%, indicating a steady expansion in this sector.
Future trends to watch for:
- Technological advancements in transportation that could enhance efficiency
- Changes in international trade policies post-Brexit affecting cross-trade dynamics
- Environmental regulations impacting freight operations
- Potential economic fluctuations influencing demand and supply patterns
