NAICS Code 423840-83 - Trucks-Industrial (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423840-83 Description (8-Digit)

The Trucks-Industrial (Wholesale) industry involves the wholesale distribution of industrial trucks, such as forklifts, cranes, and other heavy-duty vehicles used in construction, manufacturing, and other industrial settings. Companies in this industry purchase these vehicles from manufacturers and sell them to retailers, rental companies, and end-users.

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 423840 page

Tools

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

  • Forklifts
  • Cranes
  • Bulldozers
  • Excavators
  • Loaders
  • Dump trucks
  • Concrete mixers
  • Pallet jacks
  • Scissor lifts
  • Aerial work platforms

Industry Examples of Trucks-Industrial (Wholesale)

Common products and services typical of NAICS Code 423840-83, illustrating the main business activities and contributions to the market.

  • Forklifts for warehouses
  • Cranes for construction sites
  • Bulldozers for land clearing
  • Excavators for digging and trenching
  • Loaders for material handling
  • Dump trucks for hauling materials
  • Concrete mixers for construction projects
  • Pallet jacks for moving pallets
  • Scissor lifts for elevated work
  • Aerial work platforms for high access tasks

History

A concise historical narrative of NAICS Code 423840-83 covering global milestones and recent developments within the United States.

  • The Trucks-Industrial (Wholesale) industry has a long history dating back to the early 20th century when the first trucks were introduced for industrial use. In the 1920s, the industry saw significant growth as more companies began to use trucks for transportation and logistics. The post-World War II era saw a boom in the industry as the demand for industrial trucks increased. In recent years, the industry has seen advancements in technology, including the development of electric and hybrid trucks, as well as the integration of automation and artificial intelligence in the manufacturing process. In the United States, the Trucks-Industrial (Wholesale) industry has experienced steady growth over the past decade. The industry has benefited from the growth of e-commerce and the increasing demand for efficient and reliable transportation and logistics services. The industry has also seen advancements in technology, including the development of autonomous trucks and the integration of telematics and other data-driven technologies. Overall, the industry has remained resilient despite economic downturns and is expected to continue to grow in the coming years.