The forecast for UK national road freight transport indicates a steady decline in loaded and empty journeys from 66.04 million units in 2024 to 52.48 million units by 2028. This reflects a compounded annual growth rate (CAGR) of approximately -5.7%. When examining year-on-year percentage change, there are consistent decreases, demonstrating a downward trend.
Future trends to watch include:
- Impact of sustainability initiatives on freight logistics.
- Technological innovations like autonomous vehicles affecting efficiency and costs.
- Evolving consumer preferences towards local sourcing potentially shrinking transport demand.
- Regulatory changes impacting haulage operations and carbon footprint targets.
