The employment in the US transportation and warehousing sector is forecasted to grow steadily from 2024 to 2028. The number of persons employed in this sector was approximately 7.28 million in 2023. Over the next five years, the sector anticipates a consistent increase, achieving a 1.35% average annual growth rate (CAGR). Year-on-year percentage variations show an annual increase of about 1.4% from 2024 to 2028.
Future trends to watch:
- Increased e-commerce activities driving demand for warehousing.
- Technological advancements enhancing transportation efficiency.
- Potential shifts in supply chain strategies due to geopolitical factors.
- Environmental policies influencing sustainable practices in transportation.
