NAICS Code 423860-21 - Railroad Equipment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

151

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NAICS Code 423860-21 Description (8-Digit)

Railroad Equipment & Supplies (Wholesale) involves the distribution of equipment and supplies used in the construction, maintenance, and operation of railroads. This industry provides a range of products such as locomotives, railcars, track materials, signaling and communication systems, and safety equipment. Companies in this industry supply products to railroad companies, government agencies, and contractors involved in railroad projects.

Hierarchy Navigation for NAICS Code 423860-21

Tools

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

  • Rail saws
  • Rail drills
  • Rail grinders
  • Rail tongs
  • Rail pullers
  • Rail benders
  • Rail gauges
  • Spike mauls
  • Tie tampers
  • Track jacks
  • Welding equipment
  • Hydraulic power tools
  • Air compressors
  • Impact wrenches
  • Torque wrenches
  • Measuring tools (e.g. calipers, micrometers)
  • Safety equipment (e.g. hard hats, safety glasses, gloves)
  • Communication equipment (e.g. radios, headsets)
  • Surveying equipment (e.g. levels, transits)
  • Computer software for railroad design and planning

Industry Examples of Railroad Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423860-21, illustrating the main business activities and contributions to the market.

  • Railroad ties
  • Rail anchors
  • Switches and crossings
  • Rail fasteners
  • Ballast
  • Rail lubricants
  • Railroad signals
  • Railroad communication systems
  • Locomotives
  • Railcars
  • Railroad wheels
  • Railroad axles
  • Railroad brakes
  • Railroad couplers
  • Railroad bearings
  • Railroad track materials
  • Railroad construction equipment
  • Railroad maintenance equipment
  • Railroad safety equipment

Certifications, Compliance and Licenses for NAICS Code 423860-21 - Railroad Equipment & Supplies (Wholesale)

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

  • Federal Railroad Administration (FRA) Certification: The FRA certification is required for companies that manufacture, repair, or maintain railroad equipment. The certification ensures that the company complies with safety regulations and standards set by the FRA. The certification is issued by the FRA.
  • Occupational Safety and Health Administration (OSHA) Certification: The OSHA certification is required for companies that deal with hazardous materials. The certification ensures that the company complies with safety regulations and standards set by OSHA. The certification is issued by OSHA.
  • National Railroad Construction and Maintenance Association (NRC) Certification: The NRC certification is required for companies that provide construction and maintenance services for railroads. The certification ensures that the company complies with safety regulations and standards set by the NRC. The certification is issued by the NRC.
  • American Railway Engineering and Maintenance-Of-Way Association (AREMA) Certification: The AREMA certification is required for companies that provide engineering and maintenance services for railroads. The certification ensures that the company complies with safety regulations and standards set by AREMA. The certification is issued by AREMA.
  • Association Of American Railroads (AAR) Certification: The AAR certification is required for companies that manufacture, repair, or maintain railroad equipment. The certification ensures that the company complies with safety regulations and standards set by the AAR. The certification is issued by the AAR.

History

A concise historical narrative of NAICS Code 423860-21 covering global milestones and recent developments within the United States.

  • The Railroad Equipment & Supplies (Wholesale) industry has a long and rich history dating back to the early 19th century when the first steam locomotive was invented. The industry grew rapidly in the late 1800s and early 1900s as railroads expanded across the United States. During this time, the industry saw significant advancements in technology, including the development of diesel-electric locomotives and the widespread adoption of air brakes. In recent history, the industry has faced challenges due to the decline in demand for coal transportation and the rise of alternative modes of transportation such as trucks and airplanes. However, the industry has adapted by diversifying its product offerings and expanding into new markets, such as the maintenance and repair of locomotives and railcars. Railroad Equipment & Supplies (Wholesale) industry in the United States has seen significant growth in recent years due to increased demand for rail transportation of goods. The industry has also benefited from advancements in technology, such as the development of more efficient locomotives and railcars. Additionally, the industry has expanded into new markets, such as the maintenance and repair of locomotives and railcars. However, the industry still faces challenges, such as the need to modernize aging infrastructure and the competition from other modes of transportation. Despite these challenges, the industry is expected to continue to grow in the coming years due to the increasing demand for rail transportation of goods.

Future Outlook for Railroad Equipment & Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423860-21 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 Railroad Equipment & Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for railroad equipment and supplies. The growth of the industry is driven by the expansion of the railroad network in the country, which is expected to continue in the future. The industry is also expected to benefit from the increasing demand for environmentally friendly transportation options, such as rail transport. The industry is also likely to benefit from the increasing use of technology in the railroad sector, which is expected to drive demand for new and innovative railroad equipment and supplies.

Industry Innovations for NAICS Code 423860-21

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

  • Railroad equipment and supplies manufacturers are increasingly using 3D printing technology to produce parts and components. This technology allows manufacturers to produce parts more quickly and at a lower cost than traditional manufacturing methods.
  • The development of new, more efficient locomotives is driving demand for new and innovative railroad equipment and supplies. For example, some manufacturers are developing locomotives that use alternative fuels, such as natural gas, to reduce emissions and improve fuel efficiency.
  • Railroad equipment and supplies manufacturers are also developing new safety technologies to improve the safety of railroad operations. For example, some manufacturers are developing new braking systems that can stop trains more quickly and safely.
  • The increasing use of automation in the railroad sector is driving demand for new and innovative railroad equipment and supplies. For example, some manufacturers are developing new signaling systems that can automatically detect and respond to potential safety hazards.
  • The development of new, more efficient freight cars is driving demand for new and innovative railroad equipment and supplies. For example, some manufacturers are developing new lightweight freight cars that can carry more cargo while using less fuel.

NAICS Code 423860-21 - Railroad Equipment & Supplies (Wholesale)

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