In 2023, the transport of loaded road freight in the UK stood at 51.03 million journeys. From 2024 to 2028, forecasts indicate a steady decline in freight journeys, with a year-on-year decrease averaging 1.5%. Specifically, forecasts expect values to decline by 1.53% in 2025, 1.54% in 2026, 1.52% in 2027, and 1.50% in 2028. The compound annual growth rate (CAGR) over this period is negative, highlighting a consistent annual decline.
Future trends to watch for include:
- Impact of sustainability policies and green energy adoption on freight transport.
- Technological advancements and automation in logistics affecting efficiency.
- Economic conditions and supply chain disruptions influencing demand.
