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NAICS Code 561110-23 Description (8-Digit)

Fuel management is a specialized industry that involves the management of fuel usage and distribution for various types of vehicles and equipment. This industry is responsible for ensuring that fuel is used efficiently and effectively, while also maintaining compliance with environmental regulations and safety standards. Fuel management companies may work with a range of clients, including commercial fleets, government agencies, and private businesses.

Hierarchy Navigation for NAICS Code 561110-23

Parent Code (less specific)

Tools

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

  • Fuel management software
  • Fuel dispensers
  • Fuel storage tanks
  • Fuel pumps
  • Fuel meters
  • Fuel filters
  • Fuel hoses
  • Fuel nozzles
  • Fuel cards
  • GPS tracking systems

Industry Examples of Fuel Management

Common products and services typical of NAICS Code 561110-23, illustrating the main business activities and contributions to the market.

  • Fleet fuel management
  • Aviation fuel management
  • Marine fuel management
  • Construction equipment fuel management
  • Mining equipment fuel management
  • Agriculture equipment fuel management
  • Emergency vehicle fuel management
  • Public transportation fuel management
  • Military fuel management
  • Generator fuel management

Certifications, Compliance and Licenses for NAICS Code 561110-23 - Fuel Management

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

  • Petroleum Marketer Certification: This certification is offered by the National Association of Convenience Stores (NACS) and is designed for individuals who work in the fuel industry. It covers topics such as fuel quality, safety, and environmental regulations. The certification is valid for three years and requires continuing education to maintain.
  • Underground Storage Tank (UST) Operator Training: This training is required by the Environmental Protection Agency (EPA) for all UST operators. It covers topics such as spill prevention, leak detection, and emergency response. The training is offered by various organizations and must be renewed every two to three years depending on the state.
  • Hazardous Materials Transportation Training: This training is required by the Department of Transportation (DOT) for anyone who handles, packages, or transports hazardous materials. It covers topics such as labeling, placarding, and emergency response. The training is offered by various organizations and must be renewed every three years.
  • Occupational Safety and Health Administration (OSHA) 10-Hour General Industry Training: This training is designed to educate workers on common safety hazards in the workplace. It covers topics such as hazard communication, personal protective equipment, and emergency action plans. The training is offered by various organizations and is valid for five years.
  • National Institute for Automotive Service Excellence (ASE) Certification: This certification is designed for technicians who work on vehicles that use fuel. It covers topics such as fuel systems, emissions, and engine performance. The certification is valid for five years and requires continuing education to maintain.

History

A concise historical narrative of NAICS Code 561110-23 covering global milestones and recent developments within the United States.

  • Fuel management has been an essential part of the transportation industry since the early 20th century. The first fuel management systems were developed for aircraft during World War II, allowing for more efficient fuel usage and longer flight times. In the 1960s, fuel management systems were introduced to the commercial airline industry, leading to significant cost savings. In recent years, the fuel management industry has seen advancements in technology, such as the use of GPS tracking and data analytics to optimize fuel usage and reduce waste. In the United States, the industry has also seen an increased focus on sustainability and reducing carbon emissions, with the development of alternative fuels and the implementation of stricter regulations.

Future Outlook for Fuel Management

The anticipated future trajectory of the NAICS 561110-23 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The fuel management industry in the USA is expected to grow in the coming years due to the increasing demand for fuel-efficient vehicles and the need for better fuel management systems. The industry is also expected to benefit from the growing trend of using alternative fuels such as electric and hybrid vehicles. The increasing focus on reducing carbon emissions and the implementation of stricter regulations on fuel consumption are also expected to drive the growth of the industry. However, the industry may face challenges due to the volatility of fuel prices and the increasing competition from new entrants in the market.

Industry Innovations for NAICS Code 561110-23

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

  • Fuel Management Software: Fuel management software is becoming increasingly popular in the industry as it helps fleet managers to track fuel consumption, reduce fuel costs, and improve overall efficiency.
  • Fuel Cells: Fuel cells are being developed as an alternative to traditional fuel sources. They are more efficient and produce fewer emissions, making them an attractive option for the industry.
  • Electric Vehicles: The increasing popularity of electric vehicles is driving the demand for new fuel management systems that can handle the unique requirements of these vehicles.
  • Autonomous Vehicles: The development of autonomous vehicles is expected to revolutionize the fuel management industry by reducing fuel consumption and improving overall efficiency.
  • Mobile Fueling: Mobile fueling services are becoming more popular in the industry as they offer a convenient and cost-effective way to refuel vehicles on the go.

NAICS Code 561110-23 - Fuel Management

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