In 2024, wages and salaries in road transport and pipeline transport in the US are forecasted at $148.99 billion, marking a steady growth trajectory through 2028. These projections exhibit moderate increases with a year-on-year growth rate averaging approximately 2% to 2.3% through 2028. The compound annual growth rate (CAGR) over the forecast period is roughly 2.4%, indicating a consistent upward trend. By 2028, the sector is expected to reach $160.76 billion, reflecting sustained demand and inflationary pressures influencing salary increments.
Future trends to watch include:
- Technological advancements in transport efficiency.
- Policy changes impacting infrastructure investment.
- Labor market fluctuations influencing wage dynamics.
