NAICS Code 492110-04 - Parcels For Foreign Countries
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NAICS Code 492110-04 Description (8-Digit)
Hierarchy Navigation for NAICS Code 492110-04
Parent Code (less specific)
Tools
Tools commonly used in the Parcels For Foreign Countries industry for day-to-day tasks and operations.
- International shipping labels
- Customs forms
- Airway bills
- Shipping containers
- Pallets
- Forklifts
- Hand trucks
- Shipping tape
- Bubble wrap
- Shipping scales
- Shipping software
- GPS tracking devices
- International shipping calculators
- Shipping insurance
- Freight forwarders
- International shipping brokers
- International shipping carriers
- International shipping consolidators
Industry Examples of Parcels For Foreign Countries
Common products and services typical of NAICS Code 492110-04, illustrating the main business activities and contributions to the market.
- International package delivery
- International parcel delivery
- International courier services
- International express delivery
- International freight forwarding
- International air cargo
- International shipping and handling
- International logistics
- International supply chain management
- International e-commerce shipping
Certifications, Compliance and Licenses for NAICS Code 492110-04 - Parcels For Foreign Countries
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- International Air Transport Association (IATA) Dangerous Goods Regulations: This certification is required for companies that transport dangerous goods by air. It ensures that the company complies with international regulations for the safe handling and transportation of dangerous goods. The certification is provided by IATA.
- Customs-Trade Partnership Against Terrorism (C-TPAT): This certification is a voluntary program that aims to improve the security of international supply chains. It requires companies to implement security measures and comply with customs regulations. The certification is provided by the US Customs and Border Protection.
- International Traffic In Arms Regulations (ITAR): This certification is required for companies that export defense articles and services. It ensures that the company complies with US regulations for the export of defense articles and services. The certification is provided by the US Department of State.
- Federal Maritime Commission (FMC) Ocean Transportation Intermediary (OTI) License: This license is required for companies that operate as ocean freight forwarders or non-vessel operating common carriers (NVOCCs). It ensures that the company complies with US regulations for ocean transportation intermediaries. The license is provided by the FMC.
- International Organization for Standardization (ISO) 9001:2015: This certification is a quality management system standard that ensures that the company meets customer and regulatory requirements. It requires companies to implement a quality management system and continuously improve their processes. The certification is provided by ISO.
History
A concise historical narrative of NAICS Code 492110-04 covering global milestones and recent developments within the United States.
- The "Parcels For Foreign Countries" industry has a long history dating back to the early days of international trade. The first recorded instance of international parcel delivery dates back to 1882 when the Universal Postal Union was established. This allowed for the exchange of mail between different countries, and soon after, parcels were included in this service. In the 20th century, the industry saw significant advancements with the introduction of air travel, which allowed for faster and more efficient delivery of parcels. In recent years, the industry has seen a surge in demand due to the rise of e-commerce and the increasing globalization of businesses. In the United States, the industry has been dominated by major players such as FedEx and UPS, who have invested heavily in technology and infrastructure to improve their services.
Future Outlook for Parcels For Foreign Countries
The anticipated future trajectory of the NAICS 492110-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The industry "Parcels For Foreign Countries" in the USA is expected to grow in the coming years due to the increasing demand for cross-border e-commerce. The rise of online shopping has led to a surge in international parcel deliveries, and this trend is expected to continue. Additionally, the industry is likely to benefit from the growing popularity of same-day and next-day delivery services. However, the industry may face challenges such as rising fuel costs, increasing competition, and potential regulatory changes. Overall, the industry is expected to experience steady growth in the coming years.
Industry Innovations for NAICS Code 492110-04
Recent groundbreaking advancements and milestones in the Parcels For Foreign Countries industry, reflecting notable innovations that have reshaped its landscape.
- Introduction Of Drone Delivery Systems: Several companies are testing drone delivery systems for international parcel deliveries. This technology has the potential to reduce delivery times and costs.
- Use Of Blockchain Technology: Some companies are exploring the use of blockchain technology to improve the security and transparency of international parcel deliveries.
- Expansion Of Delivery Networks: Many companies are expanding their delivery networks to reach more international destinations and improve delivery times.
- Adoption Of Eco-Friendly Practices: Some companies are adopting eco-friendly practices such as using electric vehicles and reducing packaging waste to appeal to environmentally conscious consumers.
- Integration Of Artificial Intelligence: Some companies are using artificial intelligence to optimize delivery routes and improve delivery times.
NAICS Code 492110-04 - Parcels For Foreign Countries
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