Back to today’s briefing

Story perspectives

U.S. Trucking Industry Loses 70,000 Jobs Amid Growth

2/9/2025

26 6

Summary

Story summary

The U.S. trucking industry experienced a loss of nearly 70,000 jobs between 2023 and 2024, surpassing previous estimates.
Trucking employment peaked in July 2022, with significant declines of 16,500 jobs in 2022 and 53,000 in 2023.
The transportation sector's unemployment rate improved to 3.6% in January 2025, down from 4.7% a year prior.
Despite trucking job losses, overall transportation employment rose by 20.1% since January 2019.

1 of 1

Story summary

The U.S. trucking industry experienced a loss of nearly 70,000 jobs between 2023 and 2024, surpassing previous estimates.
Trucking employment peaked in July 2022, with significant declines of 16,500 jobs in 2022 and 53,000 in 2023.
The transportation sector's unemployment rate improved to 3.6% in January 2025, down from 4.7% a year prior.
Despite trucking job losses, overall transportation employment rose by 20.1% since January 2019.