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

• Tank car cleaning equipment
• Tank car inspection equipment
• Tank car repair tools
• Tank car loading and unloading equipment
• Tank car heating equipment
• Tank car safety equipment
• Tank car valves and fittings
• Tank car gauges and meters
• Tank car pumps
• Tank car hoses

Common products and services typical of NAICS Code 423860-24, illustrating the main business activities and contributions to the market.

• Chemical transportation
• Petroleum transportation
• Food product transportation
• Liquid transportation
• Gas transportation
• Hazardous material transportation
• Industrial transportation
• Agricultural transportation
• Pharmaceutical transportation
• Water transportation

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

• Hazardous Materials Endorsement (HME): A certification required by the Transportation Security Administration (TSA) for drivers who transport hazardous materials. The certification ensures that the driver has passed a background check and is aware of the risks and regulations associated with transporting hazardous materials.
• Tank Car Specialist (TCS): A certification offered by the Railway Educational Bureau that provides training on the safe handling and transportation of tank cars. The certification covers topics such as loading and unloading procedures, emergency response, and regulatory compliance.
• Tank Car Safety Course (TCSC): A certification offered by the Association of American Railroads (AAR) that provides training on the safe handling and transportation of tank cars. The certification covers topics such as tank car design, loading and unloading procedures, and emergency response.
• Federal Railroad Administration (FRA) Tank Car Qualification: A certification required by the FRA for tank car owners and operators. The certification ensures that the tank car meets the safety standards set by the FRA and is suitable for transporting hazardous materials.
• International Maritime Dangerous Goods (IMDG) Code: A set of regulations developed by the International Maritime Organization (IMO) for the safe transportation of dangerous goods by sea. The code covers topics such as packaging, labeling, and stowage of dangerous goods.

A concise historical narrative of NAICS Code 423860-24 covering global milestones and recent developments within the United States.

• The "Tank Cars (Wholesale)" industry has a long history dating back to the 1860s when the first tank cars were introduced in the United States. These early tank cars were made of wood and were used to transport oil and other liquids. In the early 1900s, steel tank cars were introduced, which were safer and more durable than their wooden counterparts. During World War II, the demand for tank cars increased significantly as they were used to transport fuel and other supplies to the front lines. In recent years, the industry has seen advancements in technology, such as the development of tank cars with improved safety features and the use of specialized coatings to prevent corrosion. In the United States, the "Tank Cars (Wholesale)" industry has experienced significant growth in recent years due to the increase in oil and gas production. The industry has also seen advancements in technology, such as the development of tank cars with improved safety features and the use of specialized coatings to prevent corrosion. In 2015, the industry faced a setback when new safety regulations were introduced following a series of accidents involving crude oil shipments by rail. These regulations required tank cars to be retrofitted or replaced with newer, safer models, which led to a decline in demand for older tank cars. Despite this setback, the industry has continued to grow due to the increase in demand for tank cars to transport other types of liquids, such as ethanol and chemicals.

The anticipated future trajectory of the NAICS 423860-24 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 Tank Cars (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for tank cars in the transportation of crude oil, chemicals, and other liquids. The growth of the chemical and petroleum industries is expected to drive the demand for tank cars. Additionally, the increasing focus on reducing carbon emissions and the shift towards cleaner energy sources is expected to drive the demand for tank cars used in the transportation of liquefied natural gas (LNG) and other alternative fuels. However, the industry may face challenges due to the increasing competition from other modes of transportation such as pipelines and the increasing regulations related to the transportation of hazardous materials.

Recent groundbreaking advancements and milestones in the Tank Cars (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Tank Cars with Improved Safety Features: Tank car manufacturers are developing tank cars with improved safety features such as thicker shells, thermal protection, and pressure relief devices to reduce the risk of accidents during transportation.
• Tank Cars with Increased Capacity: Tank car manufacturers are developing tank cars with increased capacity to meet the growing demand for transportation of crude oil, chemicals, and other liquids.
• Tank Cars with Improved Insulation: Tank car manufacturers are developing tank cars with improved insulation to reduce the loss of product during transportation and to maintain the temperature of the product.
• Tank Cars with Improved Tracking and Monitoring Systems: Tank car manufacturers are developing tank cars with improved tracking and monitoring systems to provide real-time information on the location and condition of the tank cars during transportation.
• Tank Cars with Improved Loading and Unloading Systems: Tank car manufacturers are developing tank cars with improved loading and unloading systems to reduce the time and cost of loading and unloading the product.