The forecast for international road freight in the US indicates a consistent decline from 2024 to 2028. In 2024, the value is projected at 490.51 billion tonne-km, decreasing annually by approximately 2-3%. By 2028, this figure is expected to fall to 445.41 billion tonne-km. As of 2023, the actual value was around the 2024 levels, suggesting no growth. The compound annual growth rate (CAGR) over this period highlights a negative trend, portending a steady reduction in international road freight volume.
Future trends to monitor include:
- Impacts of regulatory changes and trade policies on freight volume.
- Technological advancements in transportation and logistics efficiency.
- Potential effects of economic shifts, such as recession or growth phases, on the volume of goods transported.
- Environmental policies influencing modes of transport and logistics operations.