NAICS Code 423120-65 - Truck Equipment & Parts (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423120-65 Description (8-Digit)

Truck Equipment & Parts (Wholesale) is a subdivision of the NAICS Code 423120 that involves the wholesale distribution of new and used parts and equipment for trucks. This industry is responsible for providing a wide range of products that are essential for the maintenance and repair of trucks, including engines, transmissions, brakes, suspension systems, and electrical components. The industry also provides accessories and equipment that are used to customize and enhance the performance of trucks, such as winches, toolboxes, and lighting systems.

Hierarchy Navigation for NAICS Code 423120-65

Tools

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

  • Diagnostic tools for engines and electrical systems
  • Hydraulic jacks and lifts for heavy equipment
  • Welding equipment for repairs and modifications
  • Air compressors for powering pneumatic tools
  • Torque wrenches for precise tightening of bolts and nuts
  • Brake service tools for maintenance and repair of brake systems
  • Suspension system tools for installation and repair of shocks, struts, and springs
  • Electrical testing equipment for troubleshooting and repair of electrical systems
  • Grease guns for lubrication of moving parts
  • Hand tools such as wrenches, sockets, and pliers for general repairs and maintenance

Industry Examples of Truck Equipment & Parts (Wholesale)

Common products and services typical of NAICS Code 423120-65, illustrating the main business activities and contributions to the market.

  • Truck engines and transmissions
  • Brake pads and rotors
  • Suspension systems and components
  • Electrical wiring and components
  • Fuel tanks and pumps
  • Exhaust systems and components
  • Winches and hoists
  • Toolboxes and storage solutions
  • Lighting systems and accessories
  • Trailer hitches and towing equipment

Certifications, Compliance and Licenses for NAICS Code 423120-65 - Truck Equipment & Parts (Wholesale)

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

  • National Institute for Automotive Service Excellence (ASE) Certification: ASE certification is a widely recognized certification for automotive professionals in the US. It is a non-profit organization that provides certification for automotive professionals in various fields such as engine repair, brakes, suspension, and steering. ASE certification is required by many employers in the truck equipment and parts wholesale industry to ensure that their employees have the necessary skills and knowledge to perform their jobs effectively.
  • Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for employees who work in hazardous environments. The truck equipment and parts wholesale industry involves working with heavy machinery and equipment, which can be dangerous if not handled properly. OSHA certification ensures that employees are trained in the proper safety procedures and can identify potential hazards in the workplace.
  • Commercial Driver's License (CDL): A CDL is required for drivers who operate commercial vehicles such as trucks and buses. In the truck equipment and parts wholesale industry, drivers are responsible for transporting goods to and from warehouses and retail locations. A CDL ensures that drivers have the necessary skills and knowledge to operate these vehicles safely.
  • Hazardous Materials (HAZMAT) Endorsement: A HAZMAT endorsement is required for drivers who transport hazardous materials such as chemicals, gases, and explosives. In the truck equipment and parts wholesale industry, drivers may be required to transport these materials to and from warehouses and retail locations. A HAZMAT endorsement ensures that drivers are trained in the proper handling and transportation of these materials.
  • International Organization for Standardization (ISO) Certification: ISO certification is a globally recognized certification for quality management systems. In the truck equipment and parts wholesale industry, ISO certification ensures that companies have a quality management system in place to ensure that their products and services meet customer requirements.

History

A concise historical narrative of NAICS Code 423120-65 covering global milestones and recent developments within the United States.

  • The "Truck Equipment & Parts (Wholesale)" industry has a long history dating back to the early 1900s when the first trucks were introduced. The industry has since grown and evolved with the advancement of technology and the increasing demand for commercial vehicles. In the 1920s, the industry saw the introduction of dump trucks, which revolutionized the construction industry. In the 1930s, the industry saw the introduction of diesel engines, which were more efficient and powerful than gasoline engines. In the 1950s, the industry saw the introduction of hydraulic systems, which made it easier to lift and move heavy loads. In recent history, the industry has seen a shift towards more environmentally friendly and fuel-efficient vehicles, as well as the integration of advanced technologies such as telematics and autonomous driving. In the United States, the "Truck Equipment & Parts (Wholesale)" industry has seen significant growth in recent years.

Future Outlook for Truck Equipment & Parts (Wholesale)

The anticipated future trajectory of the NAICS 423120-65 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Truck Equipment & Parts (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for commercial vehicles and the need for replacement parts and equipment. The growth of e-commerce and online sales channels is also expected to drive the growth of the industry. The industry is also expected to benefit from the increasing demand for fuel-efficient and environmentally friendly vehicles, which require specialized equipment and parts. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of raw materials and transportation. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423120-65

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

  • Mobile Service Trucks: These trucks are equipped with all the necessary tools and equipment to provide on-site repairs and maintenance services for commercial vehicles. They offer convenience and cost savings for fleet owners and operators.
  • Telematics Systems: These systems use GPS and other technologies to track and monitor the performance of commercial vehicles. They provide real-time data on fuel consumption, engine performance, and other metrics, which can help fleet managers optimize their operations and reduce costs.
  • Electric and Hybrid Vehicle Components: With the increasing demand for environmentally friendly vehicles, the industry is developing specialized components and equipment for electric and hybrid vehicles, such as batteries, charging stations, and powertrain components.
  • Advanced Safety Systems: The industry is developing advanced safety systems for commercial vehicles, such as collision avoidance systems, lane departure warning systems, and adaptive cruise control. These systems can help reduce accidents and improve driver safety.
  • Online Sales Channels: The industry is increasingly using online sales channels to reach customers and expand their market reach. Online platforms offer convenience and cost savings for customers, and can help the industry reach new customers in remote or underserved areas.

NAICS Code 423120-65 - Truck Equipment & Parts (Wholesale)

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