NAICS Code 541611-25 - Logistics
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NAICS Code 541611-25 Description (8-Digit)
Hierarchy Navigation for NAICS Code 541611-25
Parent Code (less specific)
Tools
Tools commonly used in the Logistics industry for day-to-day tasks and operations.
- Transportation management systems (TMS)
- Warehouse management systems (WMS)
- Inventory management software
- Supply chain management software
- Route optimization software
- Electronic data interchange (EDI) systems
- Radio frequency identification (RFID) technology
- Global positioning system (GPS) technology
- Automated material handling equipment
- Barcode scanners
Industry Examples of Logistics
Common products and services typical of NAICS Code 541611-25, illustrating the main business activities and contributions to the market.
- Freight forwarding
- Third-party logistics (3PL)
- E-commerce logistics
- Reverse logistics
- Cold chain logistics
- Last-mile delivery
- Intermodal transportation
- Air cargo transportation
- Ocean freight transportation
- Rail transportation
Certifications, Compliance and Licenses for NAICS Code 541611-25 - Logistics
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Certified Supply Chain Professional (CSCP): The CSCP certification is offered by the Association for Supply Chain Management (ASCM) and is designed for professionals who are interested in advancing their careers in supply chain management. The certification covers topics such as supply chain design, implementation, and operations. The certification is recognized globally and is highly valued by employers.
- Certified Logistics Professional (CLP): The CLP certification is offered by the International Society of Logistics (SOLE) and is designed for professionals who are interested in advancing their careers in logistics. The certification covers topics such as logistics strategy, transportation management, and inventory control. The certification is recognized globally and is highly valued by employers.
- Hazardous Materials Transportation Certification: The Hazardous Materials Transportation Certification is required by the US Department of Transportation (DOT) for individuals who handle, transport, or ship hazardous materials. The certification covers topics such as hazardous materials regulations, safety, and security. The certification is required for individuals who work in the logistics industry and handle hazardous materials.
- Customs Broker License: The Customs Broker License is required by the US Customs and Border Protection (CBP) for individuals who wish to act as customs brokers. Customs brokers are responsible for ensuring that goods are imported and exported in compliance with US laws and regulations. The license covers topics such as customs regulations, tariffs, and trade agreements.
- Transportation Worker Identification Credential (TWIC): The TWIC is required by the Transportation Security Administration (TSA) for individuals who require unescorted access to secure areas of ports, vessels, and other transportation facilities. The credential covers topics such as security awareness, threat assessment, and identification verification. The credential is required for individuals who work in the logistics industry and require access to secure areas.
History
A concise historical narrative of NAICS Code 541611-25 covering global milestones and recent developments within the United States.
- The logistics industry has a long and rich history dating back to ancient times when the Silk Road was established as a trade route between China and the Mediterranean. The modern logistics industry began to take shape in the 20th century with the advent of containerization and the standardization of shipping practices. In the United States, the logistics industry experienced significant growth during World War II as the military relied heavily on logistics to transport troops and supplies. In recent years, the logistics industry has been transformed by the rise of e-commerce and the increasing demand for fast and efficient delivery services. Notable advancements in the industry include the development of advanced tracking and routing technologies, the use of drones and autonomous vehicles for delivery, and the implementation of sustainable and environmentally friendly practices.
Future Outlook for Logistics
The anticipated future trajectory of the NAICS 541611-25 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 logistics industry in the USA is expected to continue its growth trajectory in the coming years. The industry is projected to benefit from the increasing demand for e-commerce and the rise of online shopping. The COVID-19 pandemic has accelerated the shift towards online shopping, which has led to a surge in demand for logistics services. The industry is also expected to benefit from the increasing adoption of automation and technology, which can help improve efficiency and reduce costs. However, the industry may face challenges such as rising fuel costs, labor shortages, and supply chain disruptions. Overall, the logistics industry is expected to remain a vital component of the US economy in the coming years.
Industry Innovations for NAICS Code 541611-25
Recent groundbreaking advancements and milestones in the Logistics industry, reflecting notable innovations that have reshaped its landscape.
- Drones: The use of drones in logistics has been gaining traction in recent years. Drones can be used for last-mile delivery, which can help reduce delivery times and costs.
- Autonomous Vehicles: The use of autonomous vehicles in logistics can help improve efficiency and reduce costs. Autonomous vehicles can be used for transportation and delivery, which can help reduce the need for human drivers.
- Blockchain: The use of blockchain technology in logistics can help improve transparency and traceability in the supply chain. Blockchain can help reduce the risk of fraud and errors in the supply chain.
- Artificial Intelligence: The use of artificial intelligence in logistics can help improve efficiency and reduce costs. AI can be used for route optimization, demand forecasting, and inventory management.
- Robotics: The use of robotics in logistics can help improve efficiency and reduce costs. Robotics can be used for tasks such as picking and packing, which can help reduce the need for human labor.
NAICS Code 541611-25 - Logistics
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