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NAICS Code 484230-16 Description (8-Digit)

Trucking-Liquid & Dry Bulk is a specialized freight trucking industry that involves the transportation of bulk materials such as liquids, gases, powders, and granules. This industry is responsible for the transportation of a wide range of products, including chemicals, petroleum, food products, construction materials, and agricultural products. The transportation of these materials requires specialized equipment and handling procedures to ensure the safe and efficient delivery of the products.

Hierarchy Navigation for NAICS Code 484230-16

Tools

Tools commonly used in the Trucking-Liquid & Dry Bulk industry for day-to-day tasks and operations.

  • Tanker trucks
  • Pneumatic trailers
  • Hopper trailers
  • Belt trailers
  • Vacuum trucks
  • Pressure vessels
  • Loading and unloading pumps
  • Compressors
  • Hose and pipe fittings
  • Weighing scales

Industry Examples of Trucking-Liquid & Dry Bulk

Common products and services typical of NAICS Code 484230-16, illustrating the main business activities and contributions to the market.

  • Chemicals transport
  • Petroleum transport
  • Food products transport
  • Construction materials transport
  • Agricultural products transport
  • Dry bulk transport
  • Liquid bulk transport
  • Powder transport
  • Granule transport
  • Hazardous materials transport

Certifications, Compliance and Licenses for NAICS Code 484230-16 - Trucking-Liquid & Dry Bulk

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 for drivers of commercial vehicles over a certain weight limit. The Federal Motor Carrier Safety Administration (FMCSA) regulates the CDL program and provides information on how to obtain a CDL at
  • International Fuel Tax Agreement (IFTA) License: This license is required for carriers who operate in more than one state or province and is used to report and pay fuel taxes. The International Fuel Tax Association (IFTA) provides more information on the license at
  • Unified Carrier Registration (UCR): This registration is required for carriers who operate in interstate or international commerce and is used to collect fees that support state enforcement of motor carrier safety regulations. The UCR program is administered by the Federal Motor Carrier Safety Administration (FMCSA) and
  • Electronic Logging Device (ELD) Certification: ELDs are required for most carriers to record hours of service and ensure compliance with federal regulations. The FMCSA maintains a list of certified ELDs at

History

A concise historical narrative of NAICS Code 484230-16 covering global milestones and recent developments within the United States.

  • The Trucking-Liquid & Dry Bulk industry has a long history dating back to the early 20th century when the first tanker trucks were introduced. These trucks were used to transport liquid and dry bulk materials such as oil, gasoline, and grain. In the 1930s, the industry saw significant growth due to the increased demand for petroleum products. The industry continued to grow throughout the 20th century, with advancements in technology and the introduction of new materials. In recent years, the industry has faced challenges such as rising fuel costs, increased regulation, and a shortage of qualified drivers. Despite these challenges, the industry has continued to adapt and innovate, with the use of new technologies such as GPS tracking and automated dispatch systems. In the United States, the Trucking-Liquid & Dry Bulk industry has seen significant growth in recent years. According to the American Trucking Associations, the industry generated $796.7 billion in revenue in 2018, up from $700.1 billion in 2017. This growth can be attributed to several factors, including increased demand for petroleum products, growth in the construction industry, and the expansion of e-commerce. The industry has also seen advancements in technology, with the use of telematics and other data-driven solutions to improve efficiency and safety. Despite these positive trends, the industry faces challenges such as a shortage of qualified drivers and increased regulation. Overall, the Trucking-Liquid & Dry Bulk industry has a rich history and continues to play a vital role in the global economy.

Future Outlook for Trucking-Liquid & Dry Bulk

The anticipated future trajectory of the NAICS 484230-16 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 Trucking-Liquid & Dry Bulk industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for bulk transportation of liquids and dry goods. The growth of the construction industry and the increasing demand for oil and gas are expected to drive the demand for the industry. The industry is also expected to benefit from the increasing use of technology, such as GPS tracking and electronic logging devices, which can help improve efficiency and reduce costs. However, the industry may face challenges such as rising fuel costs, driver shortages, and increased competition. Overall, the industry is expected to continue to grow in the coming years, driven by the increasing demand for bulk transportation services.

Industry Innovations for NAICS Code 484230-16

Recent groundbreaking advancements and milestones in the Trucking-Liquid & Dry Bulk industry, reflecting notable innovations that have reshaped its landscape.

  • Use Of Telematics: Trucking companies are increasingly using telematics to improve efficiency and reduce costs. Telematics can help companies track their vehicles in real-time, monitor driver behavior, and optimize routes, which can help reduce fuel consumption and improve safety.
  • Adoption Of Electric Trucks: Some trucking companies are starting to adopt electric trucks, which can help reduce emissions and operating costs. Electric trucks are particularly well-suited for short-haul routes, where they can be recharged overnight.
  • Use Of Drones for Inspections: Some trucking companies are starting to use drones to inspect their vehicles, which can help improve safety and reduce costs. Drones can be used to inspect hard-to-reach areas of vehicles, such as the tops of trailers, and can help identify potential safety issues before they become more serious.
  • Implementation Of Blockchain Technology: Some trucking companies are starting to use blockchain technology to improve supply chain transparency and reduce costs. Blockchain can help companies track shipments in real-time, reduce paperwork, and improve security.
  • Use Of Autonomous Trucks: Some trucking companies are starting to experiment with autonomous trucks, which can help reduce labor costs and improve safety. Autonomous trucks are still in the early stages of development, but they have the potential to revolutionize the industry in the coming years.

NAICS Code 484230-16 - Trucking-Liquid & Dry Bulk

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