The total hours worked in the transportation and warehousing sector in Canada for 2023 stood at 2.00 billion hours. Forecasted data shows a gradual increase from 2024 to 2028, with values reaching 2.03 billion hours in 2024 and eventually 2.13 billion hours by 2028. This represents a year-on-year increase of approximately 1% to 1.4%. The compound annual growth rate (CAGR) over the forecasted period from 2024 to 2028 stands at approximately 1.2%.
Key future trends to watch for in this sector include the impact of advancements in automation and AI on labor hours, shifts towards greener and more efficient transportation methods, and the growth of e-commerce fueling demand in warehousing logistics. Monitoring these factors will be essential for anticipating further changes in labor hours.
