The volume of inland waterway national freight transport in the US is forecasted to decrease from 458.32 billion tonne kilometers in 2024 to 442.23 billion tonne kilometers by 2028. This represents a year-on-year decrease of approximately -0.89% from 2024 to 2025, -0.89% from 2025 to 2026, -0.85% from 2026 to 2027, and -0.88% from 2027 to 2028.
Comparing this with the previous years, the volume stood at 462.00 billion tonne kilometers in 2023, reflecting a -0.80% decrease from 2023 to 2024. Over the last five years, the compound annual growth rate (CAGR) shows an average yearly decrease of about -0.86%.
Future trends to watch for:
- Technological advancements in freight transport that could improve efficiency.
- Environmental regulations impacting the logistics sector.
- Economic shifts influencing domestic industrial activity and freight demand.
- Potential investments in infrastructure development or modernization.