The Value Added of Transportation and Storage in the US is projected to grow steadily from 2024 to 2028. In 2023, the actual value stood at $748.00 Billion USD. The forecasted values show a consistent year-on-year growth, with a value of $771.01 Billion USD in 2024, increasing to $863.43 Billion USD by 2028. This represents a year-on-year variation of approximately 3% to 4%.
- **2024:** $771.01 Billion USD (+3.1% from 2023)
- **2025:** $794.46 Billion USD (+3.0% from 2024)
- **2026:** $817.68 Billion USD (+2.9% from 2025)
- **2027:** $840.67 Billion USD (+2.8% from 2026)
- **2028:** $863.43 Billion USD (+2.7% from 2027)
Over the last two years, the CAGR stands at approximately 3.3%, indicating robust growth in the sector. Over a five-year period, the sector shows healthy growth potential with a forecasted CAGR of about 3.1%.
Future trends to watch for include technological advancements in logistics, increased demand for e-commerce fulfillment, and sustainable transportation initiatives, which are likely to drive further advancements in the industry.