The volume of international road freight transport unloaded domestically in the UK was 2.79 billion tonne kilometers in 2023. The forecasts from 2024 to 2028 show a consistent decline from 2.73 to 2.49 billion tonne kilometers. This suggests a decreasing trend with a five-year compound annual growth rate (CAGR) indicating a declining trajectory. Year-on-year variations show that the volume shrinks by approximately 2.2% each year from the prior year.
Future trends to watch include:
- Impact of Brexit and related trade agreements on road transport logistics.
- Emerging technologies enhancing logistics efficiency, potentially reversing the trend.
- Environmental regulations influencing operational costs and strategies in the freight industry.