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NAICS Code 423110-18 Description (8-Digit)

The Trailers-Truck (Wholesale) industry involves the distribution of trailers specifically designed for use with trucks. These trailers are used for a variety of purposes, including hauling cargo, equipment, and vehicles. Companies in this industry typically purchase trailers from manufacturers and sell them to retailers or directly to end-users. The industry also includes companies that provide repair and maintenance services for trailers.

Hierarchy Navigation for NAICS Code 423110-18

Tools

Tools commonly used in the Trailers-Truck (Wholesale) industry for day-to-day tasks and operations.

  • Trailer jacks
  • Trailer hitch balls
  • Trailer winches
  • Trailer brake controllers
  • Trailer tires and wheels
  • Trailer lights and wiring
  • Trailer couplers
  • Trailer locks
  • Trailer ramps
  • Trailer tie-downs

Industry Examples of Trailers-Truck (Wholesale)

Common products and services typical of NAICS Code 423110-18, illustrating the main business activities and contributions to the market.

  • Flatbed trailers
  • Dump trailers
  • Livestock trailers
  • Car hauler trailers
  • Enclosed cargo trailers
  • Utility trailers
  • Equipment trailers
  • Gooseneck trailers
  • Lowboy trailers
  • Tanker trailers

Certifications, Compliance and Licenses for NAICS Code 423110-18 - Trailers-Truck (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • National Association Of Trailer Manufacturers (NATM) Compliance Verification Program: NATM provides a compliance verification program for trailer manufacturers to ensure that their products meet federal safety standards and industry best practices. The program includes an annual inspection and audit of the manufacturer's facilities and processes. The compliance verification program helps to ensure that trailers sold by wholesalers meet safety standards and are of high quality.
  • Commercial Driver's License (CDL): A CDL is required for drivers of commercial motor vehicles (CMVs) with a gross vehicle weight rating (GVWR) of 26,001 pounds or more, or for drivers of vehicles that are designed to transport 16 or more passengers. Wholesalers who transport trailers with a GVWR of 10,001 pounds or more may require drivers with a CDL.
  • Hazardous Materials Endorsement (HME): An HME is required for drivers who transport hazardous materials in quantities that require placards on the vehicle. Wholesalers who transport trailers that contain hazardous materials may require drivers with an HME.
  • International Fuel Tax Agreement (IFTA) License: An IFTA license is required for motor carriers who operate in more than one jurisdiction (state or province) and have vehicles that are used for transporting goods. Wholesalers who transport trailers across state lines may require an IFTA license.
  • Unified Carrier Registration (UCR): UCR is a federally-mandated program that requires motor carriers to register and pay an annual fee based on the size of their fleet. Wholesalers who operate as motor carriers may require UCR registration.

History

A concise historical narrative of NAICS Code 423110-18 covering global milestones and recent developments within the United States.

  • The "Trailers-Truck (Wholesale)" industry has a long history dating back to the early 1900s when the first trucks were introduced. Trailers were initially used to transport goods and materials, and as the trucking industry grew, so did the demand for trailers. In the 1920s, the first enclosed trailers were introduced, and by the 1930s, the industry had expanded to include a wide range of trailer types, including flatbeds, refrigerated trailers, and tankers. In recent history, the industry has seen significant advancements in technology, including the development of lightweight materials, aerodynamic designs, and advanced safety features. These advancements have helped to improve fuel efficiency, reduce emissions, and increase safety on the road.

Future Outlook for Trailers-Truck (Wholesale)

The anticipated future trajectory of the NAICS 423110-18 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Trailers-Truck (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for trailers and trucks in the logistics and transportation sector. The growth of e-commerce and online shopping has also contributed to the growth of the industry as more trailers and trucks are needed to transport goods. The industry is also expected to benefit from the increasing demand for lightweight and fuel-efficient trailers and trucks. However, the industry may face challenges such as rising fuel prices, increasing competition, and changing regulations. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423110-18

Recent groundbreaking advancements and milestones in the Trailers-Truck (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Trailers: Smart trailers are equipped with sensors and telematics technology that allows fleet managers to monitor the location, temperature, and other important data of the trailers in real-time. This technology helps fleet managers to optimize their operations, reduce downtime, and improve efficiency.
  • Electric Trucks: Electric trucks are becoming increasingly popular in the transportation industry due to their low operating costs and environmental benefits. Several companies are developing electric trucks that can travel long distances on a single charge, which could revolutionize the trucking industry.
  • Autonomous Trucks: Autonomous trucks are being developed by several companies, which could transform the transportation industry. These trucks use advanced sensors and artificial intelligence to navigate the roads without human intervention, which could reduce accidents, improve efficiency, and lower costs.
  • Lightweight Trailers: Lightweight trailers are becoming increasingly popular in the transportation industry as they offer several benefits such as improved fuel efficiency, increased payload capacity, and reduced maintenance costs. Several companies are developing lightweight trailers using advanced materials such as aluminum and composite materials.
  • Trailer Tracking Systems: Trailer tracking systems are becoming increasingly popular in the transportation industry as they allow fleet managers to monitor the location and status of their trailers in real-time. These systems use GPS technology and cellular networks to provide real-time data, which helps fleet managers to optimize their operations and improve efficiency.

NAICS Code 423110-18 - Trailers-Truck (Wholesale)

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