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NAICS Code 484230-05 Description (8-Digit)

Fuel-Bulk-Delivery is a specialized subdivision of the NAICS Code 484230 that involves the transportation of large quantities of fuel to various locations. This industry is responsible for the safe and efficient delivery of fuel to gas stations, airports, and other facilities that require large amounts of fuel to operate. Fuel-Bulk-Delivery companies typically use specialized tanker trucks to transport the fuel, and they must adhere to strict safety regulations to prevent accidents and spills.

Hierarchy Navigation for NAICS Code 484230-05

Tools

Tools commonly used in the Fuel-Bulk-Delivery industry for day-to-day tasks and operations.

  • Tanker trucks
  • Fuel pumps
  • Hoses and couplings
  • Fuel meters
  • Safety equipment (e.g. fire extinguishers, spill containment materials)
  • GPS systems
  • Communication devices (e.g. radios, cell phones)
  • Maintenance tools (e.g. wrenches, sockets)
  • Fuel filters
  • Pressure gauges

Industry Examples of Fuel-Bulk-Delivery

Common products and services typical of NAICS Code 484230-05, illustrating the main business activities and contributions to the market.

  • Gas stations
  • Airports
  • Military bases
  • Power plants
  • Construction sites
  • Mining operations
  • Agriculture facilities
  • Marine vessels
  • Railroads
  • Bus companies

Certifications, Compliance and Licenses for NAICS Code 484230-05 - Fuel-Bulk-Delivery

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.
  • Tank Vehicle Endorsement (T): This endorsement is required for drivers who operate a vehicle that transports liquid or gaseous materials in a tank or tanks having an individual rated capacity of more than 119 gallons and an aggregate rated capacity of 1,000 gallons or more.
  • Commercial Driver's License (CDL): A CDL is required for drivers who operate a vehicle with a gross vehicle weight rating (GVWR) of 26,001 pounds or more, or a combination of vehicles with a GVWR of 26,001 pounds or more.
  • Federal Motor Carrier Safety Regulations (FMCSR): The FMCSR sets forth minimum safety standards for commercial motor vehicles and their drivers. Compliance with these regulations is mandatory for all carriers operating in interstate commerce.
  • International Fuel Tax Agreement (IFTA): The IFTA is an agreement between the lower 48 states of the United States and the Canadian provinces, which simplifies the reporting of fuel use by motor carriers operating in more than one jurisdiction.

History

A concise historical narrative of NAICS Code 484230-05 covering global milestones and recent developments within the United States.

  • The Fuel-Bulk-Delivery industry has a long history dating back to the early 20th century when the first fuel trucks were introduced. The industry has since undergone significant changes, with the introduction of new technologies and the expansion of the transportation network. In the United States, the industry has seen a steady growth in demand for fuel delivery services, especially in the wake of the oil crisis of the 1970s. The industry has also been impacted by various regulations, such as the Clean Air Act, which has led to the development of new technologies and cleaner fuels. In recent years, the industry has faced challenges due to the COVID-19 pandemic, which has led to a decline in demand for fuel delivery services.

Future Outlook for Fuel-Bulk-Delivery

The anticipated future trajectory of the NAICS 484230-05 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 Fuel-Bulk-Delivery industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for fuel and other bulk products. The industry is also expected to benefit from the growth of the US economy, which will lead to an increase in demand for fuel and other bulk products. Additionally, the industry is likely to benefit from the increasing use of technology, which will help to improve efficiency and reduce costs. However, the industry may face challenges such as increasing competition and regulatory changes, which could impact growth. Overall, the Fuel-Bulk-Delivery industry is expected to continue to grow in the coming years, driven by increasing demand and technological advancements.

Industry Innovations for NAICS Code 484230-05

Recent groundbreaking advancements and milestones in the Fuel-Bulk-Delivery industry, reflecting notable innovations that have reshaped its landscape.

  • Use of telematics technology to improve efficiency and reduce costs.
  • Adoption of alternative fuels such as natural gas and electric vehicles to reduce emissions.
  • Development of new delivery models such as on-demand and same-day delivery to meet changing customer needs.
  • Use of predictive analytics to optimize delivery routes and improve customer service.
  • Implementation of safety measures such as driver training and vehicle maintenance to reduce accidents and improve safety.

NAICS Code 484230-05 - Fuel-Bulk-Delivery

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