In 2023, the transport of loaded and empty road freight in the UK was markedly active. From 2024, the forecasted data indicates a gradual decline in billion vehicle-kilometers, reducing from 7.79 in 2024 to 7.51 by 2028. This trend reveals a consistent year-on-year decrease, averaging a negative compound annual growth rate (CAGR) over these five years, reflecting a contraction in freight transport activity.
Future trends to watch for:
- Impact of decarbonization policies on road freight demand
- Technological advancements in logistics optimization
- Economic shifts influencing supply chain structures
