In 2023, the volume of road freight transport operated for own account in the UK was recorded at 44.98 billion tonne kilometers. Forecasted data indicates a gradual decline over the next five years, with the volume dropping to 43.64 billion tonne kilometers by 2028. This represents an average annual decrease of about 0.31% in CAGR from 2024 to 2028.
Future trends to watch for include:
- Impact of environmental regulations encouraging more sustainable logistics solutions.
- Changes in the economic landscape affecting industrial production and distribution needs.
- Technological advancements in fleet management and efficiency.