The number of persons employed in the transportation and warehousing sector in Canada was 1.03 thousand in 2023. Forecasted figures suggest steady growth: 1.06 thousand in 2024, 1.08 in 2025, 1.09 in 2026, 1.11 in 2027, and 1.12 thousand in 2028. The data shows a year-on-year increase, with an average compound annual growth rate (CAGR) of approximately 1.71% over the five-year period from 2024 to 2028.
Future trends to watch for:
- Increased demand for warehousing space driven by the rise in e-commerce.
- The impact of automation and AI on employment figures in the sector.
- Growth in sustainable and green transportation initiatives.