NAICS Code 484230-04 - Express & Transfer Service
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NAICS Code 484230-04 Description (8-Digit)
Hierarchy Navigation for NAICS Code 484230-04
Parent Code (less specific)
Tools
Tools commonly used in the Express & Transfer Service industry for day-to-day tasks and operations.
- GPS tracking systems
- Freight management software
- Electronic logging devices
- Pallet jacks
- Forklifts
- Hand trucks
- Cargo straps and tie-downs
- Air cargo containers
- Temperature-controlled containers
- Hydraulic lift gates
Industry Examples of Express & Transfer Service
Common products and services typical of NAICS Code 484230-04, illustrating the main business activities and contributions to the market.
- Medical equipment transport
- High-tech electronics delivery
- Fine art shipping
- Jewelry transportation
- Legal document courier services
- Pharmaceutical logistics
- Aerospace parts delivery
- Automotive parts transport
- Hazardous materials shipping
- Live animal transportation
Certifications, Compliance and Licenses for NAICS Code 484230-04 - Express & Transfer Service
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. The endorsement is issued by the Transportation Security Administration (TSA) and requires a background check and fingerprinting.
- Commercial Driver's License (CDL): A CDL is required to operate a commercial motor vehicle (CMV) in the US. The Federal Motor Carrier Safety Administration (FMCSA) issues the license and requires drivers to pass a knowledge and skills test.
- Unified Carrier Registration (UCR): This registration is required for all carriers operating in interstate or international commerce in the US. The UCR is issued by the Federal Motor Carrier Safety Administration (FMCSA) and requires payment of an annual fee.
- International Fuel Tax Agreement (IFTA): This agreement is required for carriers operating in multiple US states or Canadian provinces. The IFTA simplifies the reporting of fuel taxes and is administered by the International Fuel Tax Association (IFTA).
- Electronic Logging Device (ELD) Certification: ELDs are required for carriers to record hours of service (HOS) electronically. The FMCSA requires ELDs to be certified and registered on their website.
History
A concise historical narrative of NAICS Code 484230-04 covering global milestones and recent developments within the United States.
- The Express & Transfer Service industry has a long history dating back to the 19th century when the Pony Express was established in the United States. The Pony Express was a mail delivery service that used horses to deliver mail across the country. In the 20th century, the industry saw significant advancements with the introduction of air freight and the use of trucks for long-distance transportation. The industry continued to grow with the development of technology, such as GPS tracking and online booking systems. In recent years, the industry has faced challenges due to the COVID-19 pandemic, which has caused disruptions in supply chains and reduced demand for transportation services. In the United States, the industry has seen significant growth in recent years due to the rise of e-commerce and the increasing demand for fast and reliable delivery services. Companies such as Amazon and FedEx have invested heavily in the industry, with Amazon launching its own delivery service and FedEx expanding its express delivery network. The industry has also seen the introduction of new technologies, such as drones and autonomous vehicles, which have the potential to revolutionize the way goods are transported. Overall, the Express & Transfer Service industry has a rich history and continues to evolve with the changing needs of consumers and businesses.
Future Outlook for Express & Transfer Service
The anticipated future trajectory of the NAICS 484230-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Express & Transfer Service industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for fast and reliable delivery services. The rise of e-commerce and online shopping has led to an increase in demand for express delivery services, which is expected to drive the growth of the industry. Additionally, the industry is expected to benefit from the increasing globalization of trade, which is leading to an increase in international shipments. However, the industry may face challenges such as rising fuel costs, increasing competition, and the need to adopt new technologies to remain competitive.
Industry Innovations for NAICS Code 484230-04
Recent groundbreaking advancements and milestones in the Express & Transfer Service industry, reflecting notable innovations that have reshaped its landscape.
- Same-Day Delivery: Many companies in the Express & Transfer Service industry are now offering same-day delivery services to meet the growing demand for fast delivery. This innovation has been made possible by the use of advanced logistics technology and real-time tracking systems.
- Drones: Some companies are experimenting with the use of drones for delivery, which could revolutionize the industry by reducing delivery times and costs. However, regulatory hurdles and safety concerns still need to be addressed before this technology can be widely adopted.
- Electric Vehicles: Many companies are now using electric vehicles for delivery, which can help reduce emissions and operating costs. This innovation is also in line with the growing trend towards sustainability and environmental responsibility.
- Mobile Apps: Many companies are now offering mobile apps that allow customers to track their shipments in real-time, schedule deliveries, and communicate with drivers. This innovation has improved the customer experience and made it easier for companies to manage their logistics operations.
- Autonomous Vehicles: Some companies are exploring the use of autonomous vehicles for delivery, which could reduce costs and improve efficiency. However, regulatory and safety concerns still need to be addressed before this technology can be widely adopted.
NAICS Code 484230-04 - Express & Transfer Service
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