NAICS Code 488320-06 - Stevedoring Contractors
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NAICS Code 488320-06 Description (8-Digit)
Hierarchy Navigation for NAICS Code 488320-06
Parent Code (less specific)
Tools
Tools commonly used in the Stevedoring Contractors industry for day-to-day tasks and operations.
- Cranes
- Forklifts
- Conveyor belts
- Cargo nets
- Pallet jacks
- Strapping machines
- Dock levelers
- Container handlers
- Spreaders
- Shackles
Industry Examples of Stevedoring Contractors
Common products and services typical of NAICS Code 488320-06, illustrating the main business activities and contributions to the market.
- Bulk cargo handling
- Breakbulk cargo handling
- Roll-on/roll-off cargo handling
- Containerized cargo handling
- Project cargo handling
- Refrigerated cargo handling
- Hazardous cargo handling
- Dry bulk cargo handling
- Liquid bulk cargo handling
- Automobile cargo handling
Certifications, Compliance and Licenses for NAICS Code 488320-06 - Stevedoring Contractors
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- OSHA Maritime Industry Standards: These standards are set by the Occupational Safety and Health Administration (OSHA) and are required for all maritime industries, including Stevedoring Contractors. They cover a wide range of safety regulations, including fall protection, hazard communication, and personal protective equipment. More information can be found on the OSHA website:
- TWIC Card: The Transportation Worker Identification Credential (TWIC) is a security measure required by the Transportation Security Administration (TSA) for workers who need access to secure areas of ports and vessels. Stevedoring Contractors are among the workers who need a TWIC card. More information can be found on the TSA website:
- US Coast Guard Merchant Mariner Credential: This credential is required for all mariners working on vessels in US waters, including Stevedoring Contractors. It includes a background check, medical evaluation, and training requirements. More information can be found on the US Coast Guard website:
- International Ship and Port Facility Security (ISPS) Code: This code is a set of security measures required by the International Maritime Organization (IMO) for ships and ports around the world. Stevedoring Contractors must comply with these regulations when working on vessels that are subject to the ISPS Code. More information can be found on the IMO website:
- International Maritime Dangerous Goods (IMDG) Code: This code is a set of regulations for the safe transportation of dangerous goods by sea. Stevedoring Contractors must comply with these regulations when handling dangerous goods on vessels. More information can be found on the IMO website:
History
A concise historical narrative of NAICS Code 488320-06 covering global milestones and recent developments within the United States.
- Stevedoring Contractors have been an integral part of the shipping industry worldwide for centuries. The industry has its roots in the ancient world, where dockworkers were responsible for loading and unloading ships. In the 19th century, the industry began to modernize with the introduction of steam-powered cranes and other equipment. The industry continued to evolve throughout the 20th century, with the introduction of containerization and other technological advancements. In the United States, the industry has faced challenges in recent years due to increased competition from other countries and the automation of many port operations. However, the industry has also seen growth in certain areas, such as the Gulf Coast region, where increased oil and gas production has led to increased demand for port services.
Future Outlook for Stevedoring Contractors
The anticipated future trajectory of the NAICS 488320-06 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
According to a report by IBISWorld, the Stevedoring Contractors industry is expected to experience steady growth in the next five years. The industry is expected to benefit from the growth in international trade, which will increase demand for port services. Additionally, the industry is expected to benefit from the increasing demand for containerized cargo, which is expected to increase the efficiency of port operations. However, the industry is expected to face challenges such as increasing competition from other port operators and the increasing use of automation in port operations. Overall, the industry is expected to grow at an annualized rate of 2.2% to $5.2 billion in revenue by 2026.
Industry Innovations for NAICS Code 488320-06
Recent groundbreaking advancements and milestones in the Stevedoring Contractors industry, reflecting notable innovations that have reshaped its landscape.
- Automation Of Port Operations: Stevedoring Contractors are increasingly using automation to improve the efficiency of port operations. Automation technologies such as automated cranes, automated guided vehicles, and automated container terminals are being used to reduce the time and cost of loading and unloading cargo.
- Use Of Drones for Port Inspections: Stevedoring Contractors are using drones to inspect ports and vessels. Drones are being used to inspect cargo, containers, and vessels, which is reducing the time and cost of inspections.
- Use Of Blockchain Technology: Stevedoring Contractors are using blockchain technology to improve the efficiency of port operations. Blockchain technology is being used to track cargo, reduce paperwork, and improve the transparency of port operations.
- Use Of Artificial Intelligence: Stevedoring Contractors are using artificial intelligence to improve the efficiency of port operations. Artificial intelligence is being used to optimize cargo handling, reduce congestion, and improve safety.
- Use Of Renewable Energy: Stevedoring Contractors are using renewable energy to power port operations. Renewable energy sources such as solar and wind power are being used to reduce the carbon footprint of port operations.
NAICS Code 488320-06 - Stevedoring Contractors
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