The forecast for national transport of empty road freight in the UK reveals a declining trend over the next five years. From 2024 to 2028, there is a consistent decrease in the activity represented in billion vehicle-kilometers. The data predicts a year-on-year percentage decline with the last two years showing a slight yet steady drop, and a longer-term downward trajectory with a compound annual growth rate (CAGR) over these years. The 2023 figures are pivotal for context as they mark the onset of this declining trend.
Future trends to watch for include:
- Innovations in logistics technology affecting efficiency and empty loads.
- Regulatory changes that might influence road freight dynamics.
- Economic fluctuations impacting transport demand.