NAICS Code 423440-30 - Racks-Industrial (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423440-30
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NAICS Code 423440-30 Description (8-Digit)

Racks-Industrial (Wholesale) is a subdivision of the NAICS Code 423440 that involves the wholesale distribution of industrial racks. These racks are used for storage and organization of heavy-duty materials in industrial settings. The industry includes the distribution of a wide range of racks, such as pallet racks, cantilever racks, and drive-in racks. The racks are designed to withstand heavy loads and are commonly used in warehouses, distribution centers, and manufacturing facilities.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423440 page

Tools

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

  • Pallet jacks
  • Forklifts
  • Hand trucks
  • Ratchet straps
  • Bolt cutters
  • Tape measures
  • Power drills
  • Impact wrenches
  • Leveling tools
  • Safety harnesses

Industry Examples of Racks-Industrial (Wholesale)

Common products and services typical of NAICS Code 423440-30, illustrating the main business activities and contributions to the market.

  • Pallet racks
  • Cantilever racks
  • Drive-in racks
  • Push-back racks
  • Gravity flow racks
  • Carton flow racks
  • Mezzanine racks
  • Tire racks
  • Drum racks
  • Coil racks

History

A concise historical narrative of NAICS Code 423440-30 covering global milestones and recent developments within the United States.

  • The industrial racks industry has been around for centuries, with the earliest known use of racks dating back to ancient times. The ancient Greeks used racks to store and transport goods, while the Romans used them to store weapons and armor. In the modern era, the industrial racks industry has seen significant growth due to the rise of manufacturing and warehousing. In the United States, the industry has seen notable advancements in recent years, with the development of new materials and technologies that have improved the durability and efficiency of industrial racks. For example, the use of high-strength steel and advanced welding techniques has allowed for the creation of racks that can support heavier loads and withstand harsher environments. Additionally, the development of automated storage and retrieval systems has made it easier for businesses to manage their inventory and improve their supply chain operations.