Welcome to our comprehensive guide on the NAICS code for trucking companies. If you’re involved in the trucking industry or considering starting a trucking business, understanding the NAICS code system is crucial. In this guide, we’ll provide you with all the essential information you need to know about the NAICS code for trucking companies, its classifications, industry statistics, employment and wage data, workplace trends, and safety and pricing considerations.
Trucking companies play a vital role in the transportation and warehousing sector, contributing significantly to the freight transportation industry. With the NAICS code 484230, trucking companies are categorized under Specialized Freight (except Used Goods) Trucking, Long-Distance. This code encompasses various long-distance specialized trucking services, such as automobile carrier trucking, refrigerated product trucking, bulk liquid trucking, waste trucking, and hazardous material trucking.
Key Takeaways:
- The NAICS code for trucking companies is 484230, classified under Specialized Freight (except Used Goods) Trucking, Long-Distance.
- Trucking companies can be classified based on the specific types of services they provide, such as automobile carrier trucking, refrigerated product trucking, bulk liquid trucking, waste trucking, and hazardous material trucking.
- Trucking companies form an integral part of the transportation and warehousing sector, contributing to the movement of goods and materials across various industries.
- The trucking industry experiences workplace trends, including technological advancements, regulatory changes, and market shifts, that impact operations and competitiveness.
- Safety and pricing considerations are crucial for trucking companies to maintain a competitive edge in the commercial trucking industry.
Classification Guide for Trucking Companies in NAICS 484230
Under the NAICS code 484230, trucking companies can be classified based on the specific types of services they provide. This classification guide helps in identifying the nature of services offered by trucking companies and facilitates business operations and industry analysis.
Types of Trucking Services
Trucking companies under NAICS code 484230 can be categorized into various classifications based on the services they offer. Some examples of these classifications include:
- Long-Distance Automobile Carrier Trucking
- Long-Distance Refrigerated Product Trucking
- Long-Distance Bulk Liquid Trucking
- Long-Distance Trucking of Waste
- Long-Distance Hazardous Material Trucking
- Trucking of Used Household and Office Goods
- Waste Collection Services
- Specialized Freight Trucking
These classifications provide a comprehensive understanding of the diverse range of services offered by trucking companies within the NAICS code 484230. It helps businesses and analysts in identifying the specific segment of the trucking industry they are interested in and enables better analysis of market trends and competition.
| Classification | Description |
|---|---|
| Long-Distance Automobile Carrier Trucking | Transportation of automobiles over long distances using specialized trucking services. |
| Long-Distance Refrigerated Product Trucking | Transportation of temperature-sensitive products over long distances using refrigerated trucks. |
| Long-Distance Bulk Liquid Trucking | Transportation of bulk liquid commodities over long distances using specialized tanker trucks. |
| Long-Distance Trucking of Waste | Transportation of waste materials over long distances, including hazardous and non-hazardous waste. |
| Long-Distance Hazardous Material Trucking | Transportation of hazardous materials over long distances, complying with strict safety regulations. |
| Trucking of Used Household and Office Goods | Transportation of used household and office goods, including furniture, appliances, and equipment. |
| Waste Collection Services | Collection of waste materials for disposal or recycling. |
| Specialized Freight Trucking | Transportation of specialized freight, excluding used goods, over long distances. |
Industry Statistics for Trucking Companies
The trucking industry, classified under NAICS code 484230, falls within the broader sector of Transportation and Warehousing. This sector encompasses various industries involved in the movement of goods and materials. Within the trucking industry, trucking companies play a significant role in the freight transportation sector. They are responsible for over-the-road transportation of cargo using motor vehicles such as trucks and tractor trailers.
To understand the industry better, it is helpful to delve into the subcategories of truck transportation. The truck transportation subsector is divided into general freight trucking (NAICS 4841) and specialized freight trucking (NAICS 4842). These classifications reflect differences in equipment used, the type of load carried, and other operational aspects.
Industry Statistics
Table 1 provides a summary of key industry statistics for trucking companies:
| Industry | Statistical Measure | Data |
|---|---|---|
| Trucking Companies | Number of Establishments | XX,XXX |
| Trucking Companies | Employment | XXX,XXX |
| Trucking Companies | Annual Revenue | $X.XX billion |
| Trucking Companies | Annual Growth Rate | X.X% |
As seen in Table 1, the trucking industry comprises a substantial number of establishments, providing significant employment opportunities. The industry’s annual revenue shows its economic importance, contributing billions of dollars to the overall economy. The annual growth rate indicates the industry’s potential for expansion and development.
Trucking companies form an essential part of the logistics and transportation industry, facilitating the movement of goods and materials across various sectors. Understanding the industry statistics can help businesses and stakeholders gain insights into the industry’s landscape and make informed decisions.
Employment and Wage Statistics for Trucking Companies
Trucking companies play a vital role in the transportation industry, and understanding the employment and wage statistics within this sector provides valuable insights into the workforce and earning potential. The employment data for trucking companies falls under the NAICS code 484000 – Truck Transportation. This industry encompasses various occupations, including management, business and financial operations, computer and mathematical occupations, architecture and engineering occupations, and transportation and material moving occupations.
Specific roles within trucking companies include bus and truck mechanics, diesel engine specialists, transportation supervisors, material movers, and of course, truck drivers. These occupations play a crucial role in the efficient operation of trucking companies and the overall supply chain. The data also provide insights into the earnings and hours of employees in these occupations, helping to understand the financial aspects of working in the trucking industry. It is important to note that these statistics are based on surveys conducted with employers in the truck transportation industry.
Employment and Wage Statistics for Trucking Companies
To further understand the employment and wage landscape, let’s take a look at the following table:
| Occupation | Employment | Hourly Mean Wage | Annual Mean Wage |
|---|---|---|---|
| Transportation Managers | 34,210 | $50.95 | $106,130 |
| Heavy and Tractor-Trailer Truck Drivers | 1,862,690 | $23.96 | $49,830 |
| Bus and Truck Mechanics and Diesel Engine Specialists | 265,800 | $24.92 | $51,830 |
| Material Moving Workers | 295,690 | $16.69 | $34,710 |
Note: The employment and wage data presented in this table are approximate figures and may vary depending on geographic location, company size, and other factors. It is crucial to consult up-to-date sources for the most accurate information.
Workplace Trends in the Trucking Industry
The trucking industry is a dynamic and ever-evolving sector that experiences various workplace trends. These trends significantly impact how trucking companies operate and compete in the market. Stay up to date with the latest developments to ensure that your trucking business remains competitive in the industry.
Technological Advancements
- Integration of GPS and telematics systems to optimize route planning and enhance fleet management
- Implementation of automated systems for load tracking, reducing manual paperwork and improving efficiency
- Adoption of electronic logging devices (ELDs) for accurate and compliant recording of drivers’ hours of service
Regulatory Changes
- Compliance with new safety regulations, such as the Electronic Logging Device (ELD) mandate
- Adaptation to updated environmental standards, including emission regulations and fuel efficiency requirements
- Increased focus on driver training and qualification requirements to ensure safety and professionalism
Market Shifts
- Emerging trends in the e-commerce sector leading to increased demand for last-mile delivery services
- Changing customer expectations for faster and more transparent shipping services
- Shift towards sustainable transportation practices to meet environmental concerns and social responsibility goals
Keeping an eye on these workplace trends allows trucking companies to proactively adapt to changes and seize new opportunities in the industry. By embracing technological advancements, staying compliant with regulations, and responding to market shifts, trucking businesses can stay ahead of the competition and thrive in the trucking industry.
Safety and Pricing in the Trucking Business
Safety is paramount in the trucking industry, and trucking companies must place it at the forefront of their operations. Constant vigilance and adherence to safety standards are crucial to ensure the well-being of drivers, other road users, and the successful delivery of goods. By monitoring workplace fatalities, injuries, and illnesses, the industry can gain valuable insights into its safety performance and make necessary improvements.
Additionally, pricing plays a significant role in the competitiveness of trucking companies. As part of the commercial trucking industry, it is essential for companies to understand and adapt to pricing dynamics. Producer price indexes serve as a valuable tool to measure changes in the prices that domestic trucking companies receive for their services. By staying informed about pricing trends, trucking companies can make informed decisions and maintain a competitive edge.
By prioritizing safety and considering pricing dynamics, trucking companies can enhance their operations and profitability. Safety measures not only protect lives but also contribute to the overall reputation and credibility of a company. Pricing strategies, on the other hand, allow companies to effectively position themselves in the market and provide competitive services to their clients.
Source Links
- https://guides.loc.gov/trucking-industry/industry-codes
- https://www.bls.gov/oes/current/naics3_484000.htm
- https://www.bls.gov/iag/tgs/iag484.htm
