NAICS Code 423120-50 - Truck Refrigeration Equipment (Wholesale)

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NAICS Code 423120-50 Description (8-Digit)

Truck Refrigeration Equipment (Wholesale) is a subdivision of the Motor Vehicle Supplies and New Parts Merchant Wholesalers industry. This industry involves the wholesale distribution of refrigeration equipment specifically designed for trucks and other commercial vehicles. The equipment is used to keep perishable goods at a low temperature during transportation.

Hierarchy Navigation for NAICS Code 423120-50

Tools

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

  • Refrigeration units
  • Compressors
  • Evaporators
  • Condensers
  • Refrigerant
  • Temperature sensors
  • Thermostats
  • Fans
  • Electrical wiring
  • Refrigeration hoses

Industry Examples of Truck Refrigeration Equipment (Wholesale)

Common products and services typical of NAICS Code 423120-50, illustrating the main business activities and contributions to the market.

  • Truck refrigeration units
  • Refrigerated truck bodies
  • Refrigerated trailers
  • Refrigerated vans
  • Refrigerated containers
  • Refrigerated trucks and lorries
  • Refrigerated delivery vehicles
  • Refrigerated food trucks
  • Refrigerated beverage trucks
  • Refrigerated medical supply trucks

Certifications, Compliance and Licenses for NAICS Code 423120-50 - Truck Refrigeration Equipment (Wholesale)

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

  • EPA Section 608 Technician Certification: This certification is required for technicians who maintain, service, repair, or dispose of equipment that could release ozone-depleting refrigerants into the atmosphere. The certification is provided by the US Environmental Protection Agency (EPA).
  • Hazardous Materials Transportation Training: This training is required for anyone who handles, offers for transport, or transports hazardous materials. The training is provided by the US Department of Transportation (DOT).
  • Commercial Driver's License (CDL): A CDL is required for drivers who operate commercial motor vehicles (CMVs) with a gross vehicle weight rating (GVWR) of 26,001 pounds or more, or who transport hazardous materials. The license is issued by the state in which the driver resides.
  • Occupational Safety and Health Administration (OSHA) Training: OSHA training is required for workers who may be exposed to hazardous materials or dangerous equipment. The training is provided by OSHA and covers topics such as hazard communication, personal protective equipment, and emergency response.
  • National Institute for Automotive Service Excellence (ASE) Certification: ASE certification is a voluntary certification for automotive professionals that demonstrates their knowledge and skills in specific areas of the industry. While not required, it can be beneficial for professionals in the truck refrigeration equipment industry to hold ASE certification in areas such as heating and air conditioning, electrical systems, and engine performance.

History

A concise historical narrative of NAICS Code 423120-50 covering global milestones and recent developments within the United States.

  • The history of the Truck Refrigeration Equipment (Wholesale) industry dates back to the early 1900s when refrigeration technology was first introduced to the transportation industry. The first refrigerated truck was invented in 1925 by Frederick McKinley Jones, who later founded Thermo King, a company that became a leading manufacturer of truck refrigeration equipment. In the 1950s, the industry saw significant growth due to the increasing demand for refrigerated transportation of perishable goods. In recent years, the industry has continued to evolve with advancements in technology, such as the development of more energy-efficient refrigeration systems and the integration of telematics to monitor and optimize refrigeration performance. In the United States, the Truck Refrigeration Equipment (Wholesale) industry has seen steady growth in recent years due to the increasing demand for refrigerated transportation of food and pharmaceuticals. The industry has also been impacted by regulatory changes, such as the Environmental Protection Agency's (EPA) Phase 2 Greenhouse Gas Emissions Standards for Heavy-Duty Vehicles, which has led to the development of more fuel-efficient refrigeration systems. Additionally, the industry has seen increased competition from alternative refrigeration technologies, such as electric and hybrid systems. Overall, the industry has remained resilient and continues to adapt to changing market conditions and technological advancements.

Future Outlook for Truck Refrigeration Equipment (Wholesale)

The anticipated future trajectory of the NAICS 423120-50 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 Truck Refrigeration Equipment (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for refrigerated trucks in the food and beverage industry. The growth of e-commerce and online grocery shopping is also expected to drive the demand for refrigerated trucks, which in turn will increase the demand for truck refrigeration equipment. Additionally, the increasing focus on reducing carbon emissions and the adoption of electric and hybrid refrigerated trucks is expected to create new opportunities for the industry. However, the industry may face challenges due to the increasing competition and the availability of alternative refrigeration technologies.

Industry Innovations for NAICS Code 423120-50

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

  • Advanced Temperature Control Systems: The industry has witnessed the development of advanced temperature control systems that can maintain the temperature of the refrigerated trucks more accurately and efficiently. These systems use advanced sensors and algorithms to monitor the temperature and adjust the cooling accordingly, which helps to reduce energy consumption and improve the overall efficiency of the refrigeration system.
  • Solar-Powered Refrigeration Systems: The industry has also witnessed the development of solar-powered refrigeration systems that can reduce the reliance on traditional power sources. These systems use solar panels to generate electricity, which is then used to power the refrigeration system. This technology is particularly useful for remote areas where access to electricity is limited.
  • Lightweight Refrigeration Systems: The industry has also seen the development of lightweight refrigeration systems that can reduce the weight of the refrigerated trucks. These systems use advanced materials and design techniques to reduce the weight of the refrigeration system, which helps to improve the fuel efficiency of the truck and reduce the overall operating costs.
  • Telematics-Enabled Refrigeration Systems: The industry has also witnessed the development of telematics-enabled refrigeration systems that can provide real-time monitoring and control of the refrigeration system. These systems use advanced sensors and communication technologies to transmit data to a central control system, which can then be used to optimize the performance of the refrigeration system and reduce the risk of breakdowns.
  • Hybrid Refrigeration Systems: The industry has also seen the development of hybrid refrigeration systems that can reduce the reliance on traditional refrigerants. These systems use a combination of traditional refrigerants and alternative refrigerants such as carbon dioxide or ammonia, which can help to reduce the environmental impact of the refrigeration system.

NAICS Code 423120-50 - Truck Refrigeration Equipment (Wholesale)

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