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NAICS Code 488320-05 Description (8-Digit)

Terminals-River & Marine is a subdivision of the Marine Cargo Handling industry that involves the handling and storage of cargo at river and marine terminals. This industry includes the loading and unloading of cargo from ships, barges, and other vessels, as well as the storage and transfer of cargo between different modes of transportation, such as trucks and trains. Terminals-River & Marine also includes the management of terminal facilities, including the maintenance of equipment and infrastructure, and the provision of services such as customs clearance and cargo insurance.

Hierarchy Navigation for NAICS Code 488320-05

Parent Code (less specific)

Tools

Tools commonly used in the Terminals-River & Marine industry for day-to-day tasks and operations.

  • Cranes
  • Forklifts
  • Conveyor belts
  • Pallet jacks
  • Straddle carriers
  • Reach stackers
  • Tugboats
  • Barges
  • Cargo nets
  • Dock levelers
  • Container spreaders
  • Lashing equipment
  • Chocks and wedges
  • Mooring lines
  • Fenders
  • Gangways
  • Marine radios
  • GPS systems
  • Terminal operating systems

Industry Examples of Terminals-River & Marine

Common products and services typical of NAICS Code 488320-05, illustrating the main business activities and contributions to the market.

  • Container terminal operations
  • Bulk cargo handling
  • Ro-Ro (roll-on/roll-off) terminal operations
  • Grain terminal operations
  • Liquid bulk terminal operations
  • Breakbulk cargo handling
  • Cruise ship terminal operations
  • Ferry terminal operations
  • Petroleum terminal operations
  • Chemical terminal operations

Certifications, Compliance and Licenses for NAICS Code 488320-05 - Terminals-River & Marine

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Transportation Worker Identification Credential (TWIC): A security clearance issued by the Transportation Security Administration (TSA) that allows access to secure areas of maritime facilities. This credential is required for all workers who need unescorted access to secure areas of facilities regulated under the Maritime Transportation Security Act.
  • US Coast Guard Merchant Mariner Credential (MMC): A credential issued by the US Coast Guard that allows an individual to work aboard a US-flagged vessel. This credential is required for all mariners working aboard US-flagged vessels.
  • International Ship and Port Facility Security (ISPS) Code: A set of regulations issued by the International Maritime Organization (IMO) that establishes minimum security requirements for ships, ports, and government agencies. This code is required for all ships engaged in international voyages and all port facilities serving such ships.
  • Occupational Safety and Health Administration (OSHA) Maritime Standards: A set of regulations issued by OSHA that establishes safety and health standards for workers in the maritime industry. These standards cover a wide range of topics, including hazard communication, personal protective equipment, and fall protection.
  • US Army Corps Of Engineers (USACE) Permits: Permits issued by the USACE that are required for any work or activity that affects navigable waters of the United States, including dredging, filling, and construction. These permits are required for any work or activity that takes place in or near navigable waters of the United States.

History

A concise historical narrative of NAICS Code 488320-05 covering global milestones and recent developments within the United States.

  • The "Terminals-River & Marine" industry has a long and rich history worldwide. The earliest known river and marine terminals date back to ancient civilizations such as the Egyptians, Greeks, and Romans, who used ports and harbors for trade and commerce. In the 19th century, the Industrial Revolution brought significant advancements to the industry, with the introduction of steam-powered ships and the expansion of waterways. The 20th century saw further developments, including the introduction of containerization, which revolutionized cargo handling and transportation. In recent history, the industry has faced challenges such as the global economic downturn and the COVID-19 pandemic, which have impacted demand and operations. However, the industry has also seen technological advancements, such as the use of automation and digitalization, which have improved efficiency and safety. In the United States, the "Terminals-River & Marine" industry has a more recent history. The industry grew significantly in the mid-20th century, with the expansion of the interstate highway system and the construction of new ports and terminals. The industry faced challenges in the 1970s and 1980s, with the decline of the US manufacturing sector and increased competition from foreign ports. However, the industry has since rebounded, with increased demand for containerized cargo and the expansion of international trade. The industry has also faced challenges such as labor disputes and environmental concerns, but has continued to adapt and innovate to meet changing demands and regulations.

Future Outlook for Terminals-River & Marine

The anticipated future trajectory of the NAICS 488320-05 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 Terminals-River & Marine industry in the USA is positive. The industry is expected to grow due to the increasing demand for goods transportation through waterways. The industry is also expected to benefit from the expansion of the Panama Canal, which will increase the volume of cargo transported through the Gulf of Mexico. The industry is also expected to benefit from the increasing demand for renewable energy, which will require the transportation of wind turbines and other equipment through waterways. However, the industry may face challenges due to the increasing competition from other modes of transportation, such as rail and trucking. The industry may also face challenges due to the increasing regulations related to environmental protection and safety. Overall, the industry is expected to grow in the coming years, but it may face challenges that require innovation and adaptation.

Industry Innovations for NAICS Code 488320-05

Recent groundbreaking advancements and milestones in the Terminals-River & Marine industry, reflecting notable innovations that have reshaped its landscape.

  • Automated Cargo Handling Systems: Automated cargo handling systems have been developed to increase the efficiency and safety of cargo handling operations. These systems use sensors and software to control the movement of cargo, reducing the risk of accidents and injuries.
  • Green Terminals: Green terminals have been developed to reduce the environmental impact of cargo handling operations. These terminals use renewable energy sources, such as solar and wind power, to reduce their carbon footprint. They also use advanced technologies, such as electric cranes and automated cargo handling systems, to reduce energy consumption and emissions.
  • Digitalization Of Cargo Handling Operations: Digitalization of cargo handling operations has been implemented to increase the efficiency and transparency of cargo handling operations. This includes the use of digital platforms to track cargo movements, optimize cargo handling processes, and improve communication between stakeholders.
  • Use Of Drones for Cargo Inspection: Drones have been used for cargo inspection to increase the efficiency and safety of cargo handling operations. Drones can be used to inspect cargo holds, containers, and other areas that are difficult to access, reducing the need for manual inspections and improving safety.
  • Development Of New Cargo Handling Equipment: New cargo handling equipment, such as automated cranes and container handling systems, have been developed to increase the efficiency and safety of cargo handling operations. These equipment use advanced technologies, such as sensors and software, to optimize cargo handling processes and reduce the risk of accidents and injuries.

NAICS Code 488320-05 - Terminals-River & Marine

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