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NAICS Code 492110-03 Description (8-Digit)

Expediters are professionals who specialize in the transportation of goods and materials. They work in the courier and express delivery services industry, specifically in the subdivision of the same name. Expediters are responsible for ensuring that shipments are delivered on time and in good condition. They work with a variety of clients, including businesses, government agencies, and individuals. Expediters are involved in every aspect of the shipping process, from packing and labeling to loading and unloading. They use a range of tools and equipment to ensure that shipments are handled safely and efficiently. Expediters must be able to work quickly and accurately, as they are often responsible for multiple shipments at once.

Hierarchy Navigation for NAICS Code 492110-03

Tools

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

  • Hand trucks
  • Pallet jacks
  • Forklifts
  • Dollies
  • Strapping machines
  • Tape dispensers
  • Box cutters
  • Shipping labels
  • Bubble wrap
  • Packing peanuts
  • Shrink wrap
  • Stretch wrap
  • Cargo straps
  • Tie-downs
  • Load bars
  • Ratchet straps
  • Tarps
  • Gloves
  • Safety glasses

Industry Examples of Expediters

Common products and services typical of NAICS Code 492110-03, illustrating the main business activities and contributions to the market.

  • Freight forwarding
  • Logistics management
  • Supply chain management
  • Warehousing and distribution
  • E-commerce fulfillment
  • Retail distribution
  • Manufacturing supply chain
  • Food and beverage distribution
  • Automotive parts distribution
  • Construction materials distribution

Certifications, Compliance and Licenses for NAICS Code 492110-03 - Expediters

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. Expediters who work in ports or other maritime facilities may need to obtain this credential.
  • Hazardous Materials Endorsement (HME): A credential issued by the TSA that allows drivers to transport hazardous materials. Expediters who transport hazardous materials may need to obtain this endorsement.
  • Commercial Driver's License (CDL): A license issued by the state that allows drivers to operate commercial motor vehicles. Expediters who operate vehicles with a gross vehicle weight rating (GVWR) of 26,001 pounds or more, or who transport hazardous materials, may need to obtain a CDL.
  • International Air Transport Association (IATA) Dangerous Goods Regulations: Regulations that govern the transportation of dangerous goods by air. Expediters who transport dangerous goods by air may need to comply with these regulations.
  • Federal Motor Carrier Safety Administration (FMCSA) Regulations: Regulations that govern the safety of commercial motor vehicles. Expediters who operate commercial motor vehicles may need to comply with these regulations.

History

A concise historical narrative of NAICS Code 492110-03 covering global milestones and recent developments within the United States.

  • The Expediters industry has a long history dating back to the early 20th century when the first courier services were established. The industry has since undergone significant changes, with the introduction of new technologies and the rise of e-commerce. In the United States, the industry has seen a surge in demand due to the growth of online shopping and the need for fast and reliable delivery services. Notable advancements in the industry include the introduction of same-day delivery services, real-time tracking, and the use of drones for delivery. In recent years, the industry has also faced challenges such as increased competition and rising fuel costs, which have led to consolidation and the closure of some smaller firms.

Future Outlook for Expediters

The anticipated future trajectory of the NAICS 492110-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Expediters industry in the USA is positive. The industry is expected to grow due to the increasing demand for same-day and next-day delivery services. The rise of e-commerce and online shopping has led to a surge in demand for expedited delivery services. The industry is also expected to benefit from the growth of the healthcare sector, which requires fast and reliable delivery of medical supplies and equipment. However, the industry may face challenges such as rising fuel costs, labor shortages, and increased competition from new entrants. Overall, the Expediters industry is expected to continue to grow in the coming years, driven by the increasing demand for fast and reliable delivery services.

Industry Innovations for NAICS Code 492110-03

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

  • Drone Delivery: Some companies in the Expediters industry are experimenting with using drones to deliver packages. This technology has the potential to revolutionize the industry by enabling faster and more efficient delivery.
  • Autonomous Vehicles: Another innovation in the industry is the use of autonomous vehicles for delivery. This technology has the potential to reduce costs and improve efficiency by eliminating the need for human drivers.
  • Real-Time Tracking: Many companies in the industry are now offering real-time tracking of packages, allowing customers to track their shipments in real-time and receive updates on their delivery status.
  • Same-Day Delivery: Same-day delivery has become increasingly popular in recent years, with many companies in the industry now offering this service. This innovation has been made possible by advances in logistics and transportation technology.
  • Green Delivery: Some companies in the industry are now using electric or hybrid vehicles for delivery, reducing their carbon footprint and contributing to a more sustainable future.

NAICS Code 492110-03 - Expediters

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