NAICS Code 321920-04 - Cargo & Freight Containers (Manufacturing)
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NAICS Code 321920-04 Description (8-Digit)
Hierarchy Navigation for NAICS Code 321920-04
Parent Code (less specific)
Tools
Tools commonly used in the Cargo & Freight Containers (Manufacturing) industry for day-to-day tasks and operations.
- Welding machines
- Cutting machines
- Bending machines
- Riveting machines
- Press machines
- Shearing machines
- Punching machines
- Grinding machines
- Painting equipment
- Sandblasting equipment
- Forklifts
- Cranes
- Hand tools (e.g. hammers, wrenches, pliers)
Industry Examples of Cargo & Freight Containers (Manufacturing)
Common products and services typical of NAICS Code 321920-04, illustrating the main business activities and contributions to the market.
- Shipping containers
- Freight containers
- Cargo containers
- Intermodal containers
- ISO containers
- Refrigerated containers
- Tank containers
- Open-top containers
- Flat rack containers
- Bulk containers
Certifications, Compliance and Licenses for NAICS Code 321920-04 - Cargo & Freight Containers (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
- ISO 14001: This certification ensures that the company has an environmental management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
- OSHA Safety Certification: This certification ensures that the company has a safe working environment for its employees and meets the safety standards set by the Occupational Safety and Health Administration (OSHA).
- DOT Hazardous Materials Certification: This certification ensures that the company is compliant with the regulations set by the Department of Transportation (DOT) for the transportation of hazardous materials.
- UL Certification: This certification ensures that the company's products meet safety standards set by Underwriters Laboratories (UL).
History
A concise historical narrative of NAICS Code 321920-04 covering global milestones and recent developments within the United States.
- The "Cargo & Freight Containers (Manufacturing)" industry has a long history dating back to the early 20th century when the first standardized shipping containers were introduced. In 1956, Malcolm McLean, an American trucking entrepreneur, developed the first intermodal shipping container, which revolutionized the transportation of goods worldwide. The industry continued to grow and evolve, with advancements in container design, materials, and technology. In recent years, the industry has faced challenges due to the COVID-19 pandemic, which disrupted global supply chains and caused a shortage of shipping containers. However, the industry has adapted to these challenges by increasing production and investing in new technologies to improve efficiency and sustainability. In the United States, the "Cargo & Freight Containers (Manufacturing)" industry has a more recent history, with significant growth in the 1990s and early 2000s. This growth was driven by the increasing globalization of trade and the rise of e-commerce, which created a higher demand for shipping containers. The industry faced challenges during the 2008 financial crisis, but it has since recovered and continued to grow. In recent years, the industry has faced challenges due to the COVID-19 pandemic, which disrupted global supply chains and caused a shortage of shipping containers. However, the industry has adapted to these challenges by increasing production and investing in new technologies to improve efficiency and sustainability.
Future Outlook for Cargo & Freight Containers (Manufacturing)
The anticipated future trajectory of the NAICS 321920-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The cargo and freight containers manufacturing industry in the USA is expected to grow in the coming years due to the increasing demand for transportation of goods across the globe. The industry is expected to benefit from the growth of the e-commerce sector, which has led to an increase in the demand for shipping containers. Additionally, the industry is expected to benefit from the growth of the construction industry, which has led to an increase in the demand for containers used in construction sites. The industry is also expected to benefit from the increasing focus on sustainability, which has led to the development of eco-friendly containers. However, the industry may face challenges due to the increasing competition from the plastic container industry, which is gaining popularity due to its lightweight and durability.
Industry Innovations for NAICS Code 321920-04
Recent groundbreaking advancements and milestones in the Cargo & Freight Containers (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Containers: These containers are equipped with sensors that can track the location, temperature, and humidity of the cargo. They can also detect any damage to the cargo during transportation, which helps in reducing the risk of damage and theft.
- Eco-Friendly Containers: These containers are made from sustainable materials such as bamboo, which is a renewable resource. They are also designed to be recyclable, which helps in reducing the environmental impact of the industry.
- Lightweight Containers: These containers are made from lightweight materials such as aluminum, which helps in reducing the weight of the cargo and the transportation costs.
- Modular Containers: These containers are designed to be easily assembled and disassembled, which helps in reducing the storage and transportation costs.
- Refrigerated Containers: These containers are equipped with refrigeration units that can maintain the temperature of the cargo, which is important for transporting perishable goods such as food and pharmaceuticals.
NAICS Code 321920-04 - Cargo & Freight Containers (Manufacturing)
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