The forecasted data indicates a gradual decline in the volume of empty international road freight transport in the UK. In 2023, the value was higher than 120.77 million vehicle-kilometers, given the slight decrease each subsequent year. There is a declining year-on-year trend with reductions of approximately 0.69% annually, leading to a compounded annual growth rate (CAGR) of about -0.66% from 2024 to 2028. This reflects a consistent decrease in the efficiency of freight utilization.
Future trends to watch for:
- Advancements in logistics technology aiming to reduce empty runs.
- Changing trade agreements post-Brexit potentially impacting transport volumes.
- Environmental regulations influencing strategies in freight transport.
