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

• Truck diagnostic software
• Tire pressure monitoring systems
• GPS tracking devices
• Brake service tools
• Engine oil analysis kits
• Fuel transfer pumps
• Air compressors
• Hydraulic jacks
• Welding equipment
• Battery testers

Common products and services typical of NAICS Code 423110-21, illustrating the main business activities and contributions to the market.

• Dump trucks
• Tow trucks
• Box trucks
• Flatbed trucks
• Refrigerated trucks
• Garbage trucks
• Concrete mixer trucks
• Tanker trucks
• Fire trucks
• Ambulance trucks

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

• Commercial Driver's License (CDL): A CDL is required to operate large commercial vehicles such as trucks. The Federal Motor Carrier Safety Administration (FMCSA) provides the certification.
• Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. The Transportation Security Administration (TSA) provides the certification.
• International Fuel Tax Agreement (IFTA) License: This license is required for vehicles that travel across state lines and transport fuel. The International Fuel Tax Association (IFTA) provides the certification.
• Unified Carrier Registration (UCR): This registration is required for all carriers, including truck distributors, that operate in interstate commerce. The UCR is administered by the Federal Motor Carrier Safety Administration (FMCSA).
• Federal Heavy Vehicle Use Tax (HVUT) Form 2290: This tax is required for all vehicles with a gross weight of 55,000 pounds or more. The Internal Revenue Service (IRS) provides the certification.

A concise historical narrative of NAICS Code 423110-21 covering global milestones and recent developments within the United States.

• The history of the Truck-Distributors (Wholesale) industry dates back to the early 20th century when the first trucks were produced. The industry grew rapidly during World War I and II when trucks were used for military purposes. After the war, the industry continued to grow as trucks became more popular for commercial use. In the 1960s and 1970s, the industry saw significant advancements in technology, including the development of more efficient engines and the introduction of computerized systems. In recent years, the industry has faced challenges due to the COVID-19 pandemic, which has disrupted supply chains and caused a decline in demand for trucks. However, the industry has also seen growth due to the increasing demand for e-commerce and home delivery services, which require more trucks for transportation.

The anticipated future trajectory of the NAICS 423110-21 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  According to a report by IBISWorld, the future outlook for the Truck-Distributors (Wholesale) industry in the USA is positive. The industry is expected to grow at an annualized rate of 2.1% over the next five years, reaching a revenue of $28.5 billion by 2026. The growth is attributed to the increasing demand for trucks and other heavy-duty vehicles in the construction, manufacturing, and transportation sectors. Additionally, the industry is expected to benefit from the growing e-commerce industry, which requires more trucks for transportation and delivery. However, the industry may face challenges due to the increasing competition from online retailers and the rising fuel prices.

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

• Electric Trucks: Several companies in the industry, such as Tesla, Daimler, and Volvo, have introduced electric trucks that are more fuel-efficient and environmentally friendly than traditional diesel trucks.
• Autonomous Trucks: Companies like Waymo, Uber, and TuSimple are developing autonomous trucks that can operate without a human driver, which can reduce labor costs and increase efficiency.
• Telematics: The use of telematics technology in trucks allows for real-time tracking of vehicles, monitoring of driver behavior, and optimization of routes, which can improve safety and reduce costs.
• Mobile Apps: Many companies in the industry have developed mobile apps that allow customers to track their shipments, schedule deliveries, and communicate with drivers, which can improve customer satisfaction.
• 3D Printing: Some companies are using 3D printing technology to produce spare parts for trucks, which can reduce costs and lead times for repairs.