Tools commonly used in the Petroleum Products-Transporting industry for day-to-day tasks and operations.

• Tanker trucks
• Pumps and hoses
• GPS tracking systems
• Fuel gauges
• Safety equipment (e.g. fire extinguishers, spill kits)
• Loading and unloading equipment (e.g. loading arms, pumps)
• Maintenance tools (e.g. wrenches, sockets)
• Communication devices (e.g. radios, cell phones)
• Electronic logging devices
• Hazardous materials placards

Common products and services typical of NAICS Code 484220-11, illustrating the main business activities and contributions to the market.

• Gasoline delivery
• Diesel fuel delivery
• Aviation fuel delivery
• Propane delivery
• Heating oil delivery
• Asphalt transportation
• Crude oil transportation
• Lubricant transportation
• Chemical transportation
• Biofuel transportation

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

• Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. It is issued by the Transportation Security Administration (TSA) and requires a background check and fingerprinting.
• Commercial Driver's License (CDL): A CDL is required for drivers of commercial vehicles over a certain weight limit. The Federal Motor Carrier Safety Administration (FMCSA) regulates the requirements for obtaining a CDL.
• Tank Vehicle Endorsement: This endorsement is required for drivers who transport liquids or gases in bulk containers. It is issued by the FMCSA and requires passing a written test.
• Hazardous Materials Safety Permit (HMSP): This permit is required for companies that transport certain types and quantities of hazardous materials. It is issued by the FMCSA and requires a safety audit.
• International Fuel Tax Agreement (IFTA) License: This license is required for companies that operate vehicles in multiple US states or Canadian provinces. It simplifies the reporting and payment of fuel taxes.

A concise historical narrative of NAICS Code 484220-11 covering global milestones and recent developments within the United States.

• The "Petroleum Products-Transporting" industry has a long history dating back to the early 20th century when the automobile industry began to boom. The industry has played a crucial role in the transportation of petroleum products such as gasoline, diesel, and jet fuel. In the early days, the industry relied on horse-drawn wagons and later on trucks to transport petroleum products. The industry has seen significant advancements in technology, including the development of specialized tanker trucks, which have made transportation safer and more efficient. In recent years, the industry has faced challenges such as environmental concerns and increased regulations. In the United States, the industry has been impacted by the shale oil boom, which has led to increased production and transportation of petroleum products.

The anticipated future trajectory of the NAICS 484220-11 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 Petroleum Products-Transporting industry in the USA is positive due to the increasing demand for petroleum products. The industry is expected to grow due to the rise in the number of vehicles on the road and the increasing demand for petroleum products in various industries. The industry is also expected to benefit from the growth of the US economy, which will lead to an increase in demand for petroleum products. However, the industry may face challenges due to the increasing competition and the need to comply with environmental regulations. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Petroleum Products-Transporting industry, reflecting notable innovations that have reshaped its landscape.

• Use of GPS technology to track the location of trucks and optimize routes.
• Adoption of electric and hybrid trucks to reduce emissions and increase fuel efficiency.
• Use of blockchain technology to improve supply chain transparency and reduce fraud.
• Implementation of predictive maintenance to reduce downtime and increase efficiency.
• Use of drones for inspection and monitoring of pipelines and other infrastructure.
• Development of new fuel types, such as biofuels, to reduce dependence on traditional petroleum products.
• Use of artificial intelligence to optimize logistics and reduce costs.
• Implementation of safety measures, such as driver monitoring systems and collision avoidance technology.
• Adoption of autonomous trucks to reduce labor costs and increase efficiency.
• Use of telematics to monitor driver behavior and improve safety.