As of 2023, the road freight volume in the UK stood at approximately 172.9 billion tonne kilometers. The forecasted data suggests a steady upward trend from 2024 to 2028, with a compound annual growth rate (CAGR) indicating modest growth year-over-year. Specifically, the expected increase from 2024 to 2025 is approximately 0.81%, and from 2025 to 2026 around 0.79%, maintaining similar rates through 2027 and 2028.
Future trends to watch for include:
- The impact of evolving trade relationships post-Brexit, which could alter transport patterns.
- Technological advancements such as autonomous freight vehicles could disrupt traditional logistics models.
- Sustainability pressures may lead to shifts towards greener logistics solutions, influencing overall freight volumes.