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NAICS Code 488210-08 Description (8-Digit)

The Transportation industry involves the movement of people, goods, and materials from one location to another. This industry is essential for the global economy as it enables the distribution of goods and services across the world. The Transportation industry is a vast and diverse sector that includes various modes of transportation such as air, water, road, and rail. The industry is responsible for the design, construction, operation, and maintenance of transportation infrastructure and vehicles.

Hierarchy Navigation for NAICS Code 488210-08

Tools

Tools commonly used in the Transportation industry for day-to-day tasks and operations.

  • GPS Navigation Systems
  • Freight Management Software
  • Transportation Management Systems
  • Electronic Logging Devices
  • Load Boards
  • Fuel Optimization Software
  • Fleet Maintenance Software
  • Warehouse Management Systems
  • Transportation Analytics Software
  • Route Optimization Software

Industry Examples of Transportation

Common products and services typical of NAICS Code 488210-08, illustrating the main business activities and contributions to the market.

  • Airline Transportation
  • Freight Trucking
  • Public Transit
  • Taxi and Limousine Services
  • Marine Cargo Handling
  • Pipeline Transportation
  • Warehousing and Storage
  • Courier and Delivery Services
  • Passenger Rail Transportation
  • Vehicle Towing Services

Certifications, Compliance and Licenses for NAICS Code 488210-08 - 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). [1]
  • Commercial Driver's License (CDL): This license is required for drivers who operate commercial motor vehicles (CMVs) in the US. It is issued by the state in which the driver resides. [2]
  • Federal Motor Carrier Safety Administration (FMCSA) Registration: This registration is required for companies that operate CMVs in interstate commerce. It is issued by the FMCSA. [3]
  • International Air Transport Association (IATA) Dangerous Goods Regulations (DGR) Certification: This certification is required for companies that transport dangerous goods by air. It is issued by the IATA. [4]
  • Federal Aviation Administration (FAA) Air Carrier Certification: This certification is required for companies that operate as air carriers in the US. It is issued by the FAA. [5]

History

A concise historical narrative of NAICS Code 488210-08 covering global milestones and recent developments within the United States.

  • The transportation industry has a long and rich history dating back to ancient times when humans used animals to transport goods and people. The invention of the wheel in Mesopotamia around 3500 BC revolutionized transportation, and the first roads were built in the Roman Empire. In the 19th century, the steam engine was invented, which led to the development of railroads and steamships, making transportation faster and more efficient. In the 20th century, the automobile and airplane were invented, which further revolutionized transportation. In the United States, the transportation industry has played a crucial role in the country's economic growth, with the development of the interstate highway system and the expansion of air travel.

Future Outlook for Transportation

The anticipated future trajectory of the NAICS 488210-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The transportation industry in the USA is expected to grow in the coming years due to the increasing demand for transportation services. The industry is expected to benefit from the growth of e-commerce, which is driving demand for last-mile delivery services. Additionally, the industry is expected to benefit from the increasing demand for transportation of goods and people due to the growth of the US economy. However, the industry is also facing challenges such as rising fuel costs, increasing competition, and the need to adopt new technologies to remain competitive. Overall, the transportation industry in the USA is expected to continue to grow in the coming years, driven by the increasing demand for transportation services.

Industry Innovations for NAICS Code 488210-08

Recent groundbreaking advancements and milestones in the Transportation industry, reflecting notable innovations that have reshaped its landscape.

  • Electric Vehicles: The transportation industry is increasingly adopting electric vehicles, which are more environmentally friendly and cost-effective than traditional vehicles.
  • Autonomous Vehicles: The development of autonomous vehicles is expected to revolutionize the transportation industry, reducing the need for human drivers and increasing efficiency.
  • Drones: The use of drones for transportation is becoming increasingly common, particularly for last-mile delivery services.
  • Mobile Apps: The development of mobile apps has made it easier for consumers to access transportation services, such as ride-sharing and delivery services.
  • Real-Time Tracking: The use of real-time tracking technology is improving the efficiency of transportation services, allowing companies to optimize their operations and reduce costs.

NAICS Code 488210-08 - Transportation

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