NAICS Code 488510-07 - Freight-Traffic ManagersMarketing Level - NAICS 8-Digit
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NAICS Code 488510-07 Description (8-Digit)
Hierarchy Navigation for NAICS Code 488510-07
Parent Code (less specific)
Tools commonly used in the Freight-Traffic Managers industry for day-to-day tasks and operations.
- Transportation Management Systems (TMS)
- Electronic Data Interchange (EDI) software
- Global Positioning System (GPS) tracking software
- Load optimization software
- Carrier selection software
- Freight auditing software
- Warehouse management software
- Route planning software
- Inventory management software
- Electronic logging devices (ELDs)
Industry Examples of Freight-Traffic Managers
Common products and services typical of NAICS Code 488510-07, illustrating the main business activities and contributions to the market.
- Air cargo transportation
- Freight transportation by truck
- Rail transportation of freight
- Shipping freight by sea
- Intermodal freight transportation
- Refrigerated trucking
- Heavy haul trucking
- Flatbed trucking
- Less-than-truckload (LTL) shipping
- Full truckload (FTL) shipping
Certifications, Compliance and Licenses for NAICS Code 488510-07 - Freight-Traffic Managers
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Certified Transportation Broker (CTB): This certification is offered by the Transportation Intermediaries Association (TIA) and is designed for professionals who work in the transportation industry. It covers topics such as regulatory compliance, contracts, insurance, and risk management. The CTB certification is recognized as a mark of excellence in the industry and is highly valued by employers.
- Hazardous Materials Endorsement (HME): This endorsement is required by the Transportation Security Administration (TSA) for drivers who transport hazardous materials. It involves a background check, fingerprinting, and a written test. The HME is valid for five years and must be renewed before it expires.
- Transportation Worker Identification Credential (TWIC): This credential is required by the TSA for workers who need access to secure areas of ports, vessels, and other transportation facilities. It involves a background check, fingerprinting, and a biometric scan. The TWIC is valid for five years and must be renewed before it expires.
- Federal Motor Carrier Safety Administration (FMCSA) Operating Authority: This authority is required for companies that operate commercial vehicles in interstate commerce. It involves registering with the FMCSA, obtaining insurance, and complying with safety regulations. The FMCSA Operating Authority is necessary for companies that provide freight transportation arrangement services.
- International Air Transport Association (IATA) Dangerous Goods Regulations (DGR) Certification: This certification is required for professionals who handle dangerous goods in the air transportation industry. It covers topics such as classification, packaging, labeling, and documentation. The IATA DGR Certification is recognized worldwide and is necessary for compliance with international regulations.
A concise historical narrative of NAICS Code 488510-07 covering global milestones and recent developments within the United States.
- The Freight-Traffic Managers industry has a long history dating back to the early 20th century when the first freight traffic management systems were developed. In the 1920s, the industry saw significant growth with the introduction of new technologies such as the telegraph and telephone, which allowed for more efficient communication between shippers and carriers. In the 1950s, the industry experienced a boom with the advent of containerization, which revolutionized the way goods were transported. In recent years, the industry has continued to evolve with the introduction of new technologies such as GPS tracking and automated logistics systems. In the United States, the industry has seen steady growth over the past decade, driven by increasing demand for freight transportation services and the growing importance of e-commerce.
Future Outlook for Freight-Traffic Managers
The anticipated future trajectory of the NAICS 488510-07 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
Growth Prediction: GrowingAccording to a report by IBISWorld, the Freight-Traffic Managers industry is expected to experience steady growth in the next five years. The industry is expected to benefit from the growth of e-commerce, which will increase demand for transportation and logistics services. Additionally, the industry is expected to benefit from the growth of international trade, which will increase demand for freight transportation services. However, the industry is also expected to face challenges such as rising fuel costs and increasing competition from other transportation and logistics providers. Overall, the industry is expected to continue to grow in the coming years, albeit at a slower pace than in previous years.
Industry Innovations for NAICS Code 488510-07
Recent groundbreaking advancements and milestones in the Freight-Traffic Managers industry, reflecting notable innovations that have reshaped its landscape.
- Digital Freight Matching: This technology connects shippers and carriers in real-time, allowing for more efficient and cost-effective transportation of goods.
- Autonomous Vehicles: The development of self-driving trucks and drones has the potential to revolutionize the transportation industry, reducing costs and increasing efficiency.
- Blockchain Technology: This technology can be used to create secure and transparent supply chains, reducing the risk of fraud and increasing efficiency.
- Predictive Analytics: By analyzing data on shipping patterns and demand, freight-traffic managers can optimize their operations and reduce costs.
- Last-Mile Delivery Solutions: With the growth of e-commerce, there has been an increased demand for last-mile delivery solutions, such as drones and delivery robots.
NAICS Code 488510-07 - Freight-Traffic Managers
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