Tools commonly used in the Vans-Renting & Leasing industry for day-to-day tasks and operations.

• Fleet management software
• GPS tracking systems
• Rental management software
• Online booking platforms
• Fuel management systems
• Maintenance tracking software
• Customer relationship management (CRM) software
• Payment processing software
• Inventory management software
• Vehicle inspection software

Common products and services typical of NAICS Code 532111-03, illustrating the main business activities and contributions to the market.

• Cargo van rental
• Passenger van rental
• Minivan rental
• Camper van rental
• Wheelchair accessible van rental
• Moving van rental
• Refrigerated van rental
• Sports team van rental
• Film production van rental
• Construction van rental

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

• Commercial Driver's License (CDL): A CDL is required for drivers of vehicles with a weight rating of 26,001 pounds or more, or for vehicles designed to transport 16 or more passengers. The Federal Motor Carrier Safety Administration (FMCSA) provides information on obtaining a CDL.
• Transportation Security Administration (TSA) Security Threat Assessment: This assessment is required for drivers who transport hazardous materials. The TSA provides information on how to obtain a security threat assessment.
• Department Of Transportation (DOT) Number: A DOT number is required for companies that operate commercial vehicles in interstate commerce. The Federal Motor Carrier Safety Administration (FMCSA) provides information on obtaining a DOT number.
• International Fuel Tax Agreement (IFTA) License: An IFTA license is required for companies that operate commercial vehicles in multiple states. The International Fuel Tax Association (IFTA) provides information on obtaining an IFTA license.
• Unified Carrier Registration (UCR): UCR is a federally-mandated program that requires companies that operate commercial vehicles in interstate commerce to register and pay an annual fee. The Federal Motor Carrier Safety Administration (FMCSA) provides information on UCR.

A concise historical narrative of NAICS Code 532111-03 covering global milestones and recent developments within the United States.

• The "Vans-Renting & Leasing" industry has a long history dating back to the early 1900s when the first car rental companies were established in the United States. However, the industry started to gain momentum in the 1950s when the demand for rental cars increased due to the growth of the tourism industry. In the 1970s, the industry experienced a significant shift towards leasing, which allowed customers to rent vehicles for longer periods. In recent years, the industry has seen a surge in demand for van rentals due to the rise of e-commerce and the need for last-mile delivery services. In the United States, the industry has also been impacted by the COVID-19 pandemic, which has led to a decline in demand for rental services.

The anticipated future trajectory of the NAICS 532111-03 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 Vans-Renting & Leasing industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for rental vans for various purposes such as transportation of goods, people, and equipment. The rise of e-commerce and the need for last-mile delivery services are also expected to drive the growth of the industry. Additionally, the increasing popularity of road trips and outdoor activities is expected to boost the demand for rental vans. However, the industry may face challenges such as rising fuel prices, increasing competition, and the emergence of alternative transportation options. Overall, the Vans-Renting & Leasing industry is expected to experience steady growth in the coming years.

Recent groundbreaking advancements and milestones in the Vans-Renting & Leasing industry, reflecting notable innovations that have reshaped its landscape.

• Contactless Rental Process: Many rental companies have introduced contactless rental processes to ensure the safety of their customers during the COVID-19 pandemic. Customers can now book, pick up, and drop off rental vans without any physical contact with the rental company staff.
• Electric Van Rentals: Some rental companies have started offering electric van rentals to cater to the growing demand for eco-friendly transportation options. These vans are equipped with advanced features such as regenerative braking and energy-efficient heating and cooling systems.
• Mobile Apps for Rental Bookings: Many rental companies have developed mobile apps that allow customers to book rental vans, manage reservations, and access roadside assistance services from their smartphones.
• Flexible Rental Options: Rental companies are now offering flexible rental options such as hourly rentals, one-way rentals, and long-term rentals to cater to the diverse needs of their customers.
• Advanced Safety Features: Many rental companies are equipping their rental vans with advanced safety features such as lane departure warning systems, blind-spot monitoring systems, and automatic emergency braking systems to enhance the safety of their customers.