This industry profile provides a five-year forecast for Canada’s transportation and warehousing industry.
Canadian Industrial Profile: Transportation and Warehousing—Autumn 2017
Canadian Industrial Profile: Transportation and Warehousing—Autumn 2017
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Fuel Prices—Low fuel prices have eased costs for transportation companies since 2014, but prices are expected to increase moving forward, putting downward pressure on demand for the industry’s services.
E-Commerce—The rise of e-commerce is enabling more goods to be shipped, which will be a driving factor of the industry’s continued expansion over the following few years.
Air Travel—Partly because of the weak loonie and strong U.S. labour market, the number of international arrivals by plane reached a new record for the second consecutive year in 2016.
