The UK's national transport of loaded road freight in 2023 was [value not provided]. From 2024 to 2028, the forecasts indicate a steady decline in journey volumes, starting from 49.38 million units in 2024 to 46.5 million units in 2028, reflecting an average annual decrease (CAGR) of approximately 1.5%. The year-on-year percentage decreases are consistent, marking a gradual contraction in the market.
Future trends to watch for:
- Potential impacts of policy changes on road freight, particularly concerning environmental regulations and fuel efficiencies.
- The role of technological advancements, such as automation and electrification, in enhancing logistics operations.
- Possible shifts in consumer behavior affecting demand for road freight services.