In 2023, the number of employees in road transport and pipeline transport in the US was recorded at 2.40 million. Forecasts predict a steady increase, reaching 2.47 million by 2028. Year-on-year growth is modest, with expected increments of approximately 0.8% to 0.9% annually. The compound annual growth rate (CAGR) over this five-year period averages around 0.6%.
- Future trends to watch for include:
- Technological advancements in transport, possibly reducing labor demand.
- Policy changes impacting transport infrastructure and employment.
- Economic fluctuations potentially affecting employment growth rates in the transport sector.
