NAICS Code 488210-09 - Transportation Equipment-Leasing

Marketing Level - NAICS 8-Digit

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NAICS CODE 488210-09
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NAICS Code 488210-09 Description (8-Digit)

Transportation Equipment-Leasing is a subdivision of the NAICS Code 488210 that involves the leasing of transportation equipment to businesses and individuals. This industry provides a cost-effective solution for companies that require transportation equipment for a short period of time or do not want to invest in purchasing their own equipment. Transportation Equipment-Leasing companies offer a wide range of vehicles, including trucks, trailers, buses, and other specialized equipment.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 488210 page

Tools

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

  • Fleet management software
  • GPS tracking systems
  • Maintenance tracking software
  • Fuel management systems
  • Electronic logging devices
  • Load optimization software
  • Telematics devices
  • Tire pressure monitoring systems
  • Asset tracking software
  • Route planning software

Industry Examples of Transportation Equipment-Leasing

Common products and services typical of NAICS Code 488210-09, illustrating the main business activities and contributions to the market.

  • Trailer leasing
  • Truck leasing
  • Bus leasing
  • Construction equipment leasing
  • Aircraft leasing
  • Boat leasing
  • Forklift leasing
  • Crane leasing
  • Heavy equipment leasing
  • Refrigerated truck leasing

History

A concise historical narrative of NAICS Code 488210-09 covering global milestones and recent developments within the United States.

  • Transportation Equipment-Leasing has been a vital industry worldwide since the early 20th century. The industry's first notable milestone was in 1910 when the first car rental company, the German Sixt, was established. In the 1920s, the industry saw the emergence of car leasing, which was initially used by businesses to lease vehicles for their employees. In the 1950s, the industry experienced significant growth in the United States, with the establishment of Avis, Hertz, and National car rental companies. In recent years, the industry has seen notable advancements in technology, with the introduction of telematics, which allows lessors to track their leased vehicles' location and performance in real-time. In the United States, the Transportation Equipment-Leasing industry has a rich history dating back to the 1950s. The industry experienced significant growth in the 1960s and 1970s, with the establishment of several car rental companies, including Avis, Hertz, and National. In the 1980s, the industry saw the emergence of truck leasing, which was initially used by businesses to lease trucks for their logistics operations. In recent years, the industry has seen notable advancements in technology, with the introduction of electric vehicles and the use of telematics to track leased vehicles' location and performance in real-time.