NAICS Code 423120-61 - Trailers-Commercial Equipment /Parts (Wholesale)
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NAICS Code 423120-61 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423120-61
Parent Code (less specific)
Tools
Tools commonly used in the Trailers-Commercial Equipment /Parts (Wholesale) industry for day-to-day tasks and operations.
- Trailer jacks
- Brake controllers
- Trailer hitch balls
- Trailer winches
- Trailer tires
- Trailer lights
- Trailer brake assemblies
- Trailer couplers
- Trailer fenders
- Trailer suspension systems
Industry Examples of Trailers-Commercial Equipment /Parts (Wholesale)
Common products and services typical of NAICS Code 423120-61, illustrating the main business activities and contributions to the market.
- Commercial trailers
- Livestock trailers
- Flatbed trailers
- Dump trailers
- Utility trailers
- Cargo trailers
- Equipment trailers
- Horse trailers
- Boat trailers
- Trailer parts and accessories
Certifications, Compliance and Licenses for NAICS Code 423120-61 - Trailers-Commercial Equipment /Parts (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 is a trade association that represents manufacturers of lightand medium-duty trailers. The NATM Compliance Verification Program is a third-party verification program that ensures that manufacturers comply with federal safety regulations and industry standards. The program includes an annual audit of the manufacturer's facilities and processes.
- Commercial Driver's License (CDL): A CDL is required to operate a commercial motor vehicle (CMV) that weighs more than 26,001 pounds, carries hazardous materials, or is designed to transport more than 16 passengers. The Federal Motor Carrier Safety Administration (FMCSA) regulates the issuance of CDLs.
- Hazardous Materials Endorsement (HME): An HME is required to transport hazardous materials in a CMV. The Transportation Security Administration (TSA) regulates the issuance of HMEs.
- Occupational Safety and Health Administration (OSHA) Regulations: OSHA regulates workplace safety and health in the United States. Employers in the trailer-commercial equipment/parts wholesale industry must comply with OSHA regulations to ensure the safety of their employees.
- National Institute for Automotive Service Excellence (ASE) Certification: ASE is a non-profit organization that tests and certifies automotive professionals. ASE certification is not required by law, but it is a recognized standard of competence in the industry.
History
A concise historical narrative of NAICS Code 423120-61 covering global milestones and recent developments within the United States.
- The "Trailers-Commercial Equipment /Parts (Wholesale)" industry has a long history dating back to the early 1900s when the first commercial trailers were introduced. The industry has since grown to become an essential part of the transportation and logistics sector, providing a wide range of commercial equipment and parts to businesses and organizations. In recent years, the industry has seen significant advancements in technology, with the introduction of new materials, designs, and features that have improved the safety, efficiency, and durability of commercial trailers and equipment. In the United States, the industry has experienced steady growth over the past decade, driven by increasing demand for commercial transportation services and the expansion of e-commerce and logistics industries.
Future Outlook for Trailers-Commercial Equipment /Parts (Wholesale)
The anticipated future trajectory of the NAICS 423120-61 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Trailers-Commercial Equipment/Parts (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for commercial trailers and equipment. The growth of the e-commerce industry is also expected to drive the demand for trailers and equipment used in logistics and transportation. The industry is also expected to benefit from the increasing demand for energy-efficient and eco-friendly trailers and equipment. The rising demand for electric and hybrid trailers and equipment is expected to create new opportunities for the industry. However, the industry may face challenges due to the increasing competition and the rising cost of raw materials and labor. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 423120-61
Recent groundbreaking advancements and milestones in the Trailers-Commercial Equipment /Parts (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, condition, and performance of trailers in real-time. This technology helps fleet managers to optimize the use of trailers, reduce downtime, and improve safety and efficiency.
- Lightweight Trailers: Lightweight trailers are designed to reduce fuel consumption and emissions by using lightweight materials such as aluminum and composite materials. These trailers are also more durable and require less maintenance than traditional trailers.
- Electric Trailers: Electric trailers are powered by electric motors and batteries, which reduce emissions and noise pollution. These trailers are ideal for short-haul and urban delivery applications.
- Trailer Tracking Systems: Trailer tracking systems use GPS technology to track the location of trailers and monitor their condition and performance. This technology helps fleet managers to optimize the use of trailers, reduce theft and loss, and improve safety and efficiency.
- Trailer Safety Systems: Trailer safety systems include features such as anti-lock brakes, stability control, and collision avoidance systems, which improve the safety and reliability of trailers. These systems help to reduce accidents and improve the overall performance of trailers.
NAICS Code 423120-61 - Trailers-Commercial Equipment /Parts (Wholesale)
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