Forecast: Employment in Transportation and Warehousing in the US

The employment in the transportation and warehousing sector in the US presents a steady upward trend from 4.8 million units in 2013 to a forecasted 6.6 million units in 2028. The year-on-year variation ranged from 0.067% in 2020 to 4.83% in 2019. The average annual growth rate (CAGR) over the past five years indicates a deceleration in growth: starting at 3.74% in 2019 and declining to an estimated 1.79% by 2023. Looking forward, the CAGR for the next five years is forecasted at 0.94% with an overall growth rate of 4.8% by 2028.

Future trends to monitor include technological advancements such as automation and AI, shifts in global trade policies, and the evolving nature of supply chains. These factors could significantly impact employment levels and necessitate workforce adaptations.

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