In 2023, total hours worked in the US road and pipeline transport sector were recorded at approximately 5.36 billion hours. The forecast from 2024 to 2028 projects a steady upward trend, hovering between a growth of 0.92% to 0.90% annually. The compounded annual growth rate (CAGR) for this period is modest, indicating a stable, gradual increase in labor hours. This trend reflects consistent demand in transport sectors, likely supported by economic activity and infrastructure developments.
Future trends to watch for include technological advancements like automation and AI that could impact labor demand. Additionally, sustainability initiatives may alter how road and pipeline transport firms operate, potentially affecting employment needs.
