The transport of loaded and empty road freight in the UK is forecasted to decline from 78.61 million journeys in 2024 to 73.25 million journeys in 2028. This represents a consistent year-on-year decrease of 1.76% between 2024 and 2025, 1.75% between 2025 and 2026, 1.77% between 2026 and 2027, and 1.75% between 2027 and 2028. The compound annual growth rate (CAGR) over this forecasted period is approximately -1.76%. In 2023, the volume stood at approximately 80 million journeys.
Key future trends to watch for include:
- Technological advances in logistics and transportation efficiency.
- Increasing reliance on alternative transport modes due to policy and environmental shifts.
- Potential impact of economic conditions on goods production and subsequent freight demands.