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

• Diagnostic tools
• Welding equipment
• Hydraulic presses
• Torque wrenches
• Air compressors
• Brake lathes
• Engine hoists
• Transmission jacks
• Tire changers
• Alignment machines

Common products and services typical of NAICS Code 423140-07, illustrating the main business activities and contributions to the market.

• Used truck engines
• Rebuilt truck transmissions
• Used truck axles
• Rebuilt truck brakes
• Used truck steering systems
• Rebuilt truck suspensions
• Used truck tires
• Rebuilt truck fuel systems
• Used truck exhaust systems
• Rebuilt truck electrical systems

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

• Automotive Service Excellence (ASE) Certification: ASE certification is a professional certification for automotive repair and service professionals. It is a widely recognized certification that demonstrates a high level of knowledge and skill in the automotive industry. The National Institute for Automotive Service Excellence (ASE) provides this certification.
• Hazardous Materials Endorsement (HME): A Hazardous Materials Endorsement (HME) is required for drivers who transport hazardous materials. The Transportation Security Administration (TSA) provides this endorsement.
• Commercial Driver's License (CDL): A Commercial Driver's License (CDL) is required for drivers who operate commercial motor vehicles (CMVs). The Federal Motor Carrier Safety Administration (FMCSA) provides this license.
• Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is a professional certification for safety professionals. It is a widely recognized certification that demonstrates a high level of knowledge and skill in the field of occupational safety and health. The Occupational Safety and Health Administration (OSHA) provides this certification.
• Environmental Protection Agency (EPA) Certification: EPA certification is required for professionals who work with refrigerants. It is a widely recognized certification that demonstrates a high level of knowledge and skill in the field of refrigeration. The Environmental Protection Agency (EPA) provides this certification.

A concise historical narrative of NAICS Code 423140-07 covering global milestones and recent developments within the United States.

• The "Truck Equipment & Parts-Used-Rebuilt (Wholesale)" industry has a long history dating back to the early 20th century when the first trucks were introduced. The industry started to grow rapidly in the 1920s when the demand for trucks increased due to the growth of the transportation industry. During the 1930s, the industry faced a decline due to the Great Depression, but it started to recover in the 1940s with the growth of the trucking industry during World War II. In the 1950s and 1960s, the industry experienced significant growth due to the expansion of the highway system and the increased demand for trucks. In recent history, the industry has faced challenges due to the increasing competition from new and used truck dealerships, but it has remained a vital part of the transportation industry. In the United States, the "Truck Equipment & Parts-Used-Rebuilt (Wholesale)" industry has seen significant growth in recent years due to the increasing demand for used and rebuilt truck parts. The industry has benefited from the growth of the transportation industry, which has led to an increase in the number of trucks on the road. The industry has also benefited from the increasing popularity of online marketplaces, which have made it easier for wholesalers to reach a wider audience. Overall, the industry has remained a vital part of the transportation industry in the United States.

The anticipated future trajectory of the NAICS 423140-07 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 Equipment & Parts-Used-Rebuilt (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for used and rebuilt truck parts. The growth of the e-commerce industry is also expected to have a positive impact on the industry as more businesses are expected to purchase truck parts online. Additionally, the increasing demand for fuel-efficient trucks is expected to drive the growth of the industry as businesses look for ways to reduce their fuel costs. However, the industry is expected to face challenges such as the increasing competition from the manufacturing industry and the rising prices of raw materials. Overall, the industry is expected to grow steadily in the coming years.

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

• Online Marketplaces: The industry has seen the emergence of online marketplaces that allow businesses to purchase used and rebuilt truck parts online. This has made it easier for businesses to find the parts they need and has increased the reach of the industry.
• 3D Printing: The use of 3D printing technology has allowed the industry to produce parts more efficiently and at a lower cost. This has also allowed the industry to produce parts that are no longer available in the market.
• Remanufacturing: The industry has seen an increase in the use of remanufacturing processes, which involves rebuilding a part to its original specifications. This has allowed the industry to produce parts that are as good as new at a lower cost.
• Green Initiatives: The industry has started to focus on green initiatives such as recycling and reducing waste. This has not only helped the environment but has also reduced the cost of production.
• Automation: The industry has started to adopt automation in its processes, which has increased efficiency and reduced the cost of production. This has also allowed the industry to produce parts that are more consistent in quality.