Logistics & Warehousing
This sector comprises establishments primarily engaged in:
- Transporting passengers and goods, warehousing and storing goods, and providing services to these establishments.
- The modes of transportation are road (trucking, transit and ground passenger), rail, water, air and pipeline.
- These are further subdivided according to the way in which businesses in each mode organize their establishments.
- National post office and courier establishments, which also transport goods, are included in this sector.
- Warehousing and storage establishments are subdivided according to the type of service and facility that is operated.
- Many of the establishments in this sector are structured as networks, with activities, workers, and physical facilities distributed over an extensive geographic area.
IBISWorld's analysts constantly monitor the industry impacts of current events in real-time – here is an update of how this industry is likely to be impacted as a result of the global COVID-19 (coronavirus) pandemic:
- The Canadian Trucking industry is anticipated to have experienced considerable growth as initial COVID-19 (coronavirus) pandemic-related disruptions gave way to booming demand for consumer goods, and by extension, industry services. For more detail, please see the Current Performance chapter.
- Industry profit has risen from recent pandemic-induced lows, and is anticipated to further recover as disruptions further ease. For more detail, please see the Cost Structure Benchmarks chapter.
- Labour shortages pose a challenge to the industry, as retiring drivers and the high cost of acquiring a commercial license weigh on industry employment.
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