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Despite the availability of a large number of different methods for industrial sector forecasting, there is a shortage of methods that could provide a reliable fore-cast of the Ukrainian transport system development. Forecasting the transport system development is particularly important for Ukraine as a country that has been at the stage of its economy reconstruction. Identi-fication of trends in the development of the transport industry allows making deci-sions that could contribute to the achievement of sustainable development goals of the entire nation. Various methods of long-term forecasting have been analyzed and classified in the paper. The ForFITS Model developed by the United Nations Economic Commis-sion for Europe was chosen to forecast the transport activity to provide passenger transportation, energy use, and CO2 emission in Ukraine. On the basis of the existing trends, using the ForFITS Model we have made a preliminary forecast of the Ukrainian transport system development, which has re-vealed a high degree of dependence of the Model on the quality of the initial information and made it possible to develop a concept of rational forecasting horizon. [ABSTRACT FROM AUTHOR]