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NAICS Code 812930-05 Description (8-Digit)

The Park & Ride industry is a type of parking lot and garage service that provides a convenient and cost-effective solution for commuters who need to park their vehicles and continue their journey using public transportation. This service is typically located on the outskirts of urban areas and near major highways, allowing commuters to park their cars and take a bus, train, or other form of public transportation to their final destination. The Park & Ride industry is an essential part of the transportation infrastructure in many cities and helps to reduce traffic congestion and air pollution.

Hierarchy Navigation for NAICS Code 812930-05

Parent Code (less specific)

Tools

Tools commonly used in the Park & Ride industry for day-to-day tasks and operations.

  • Ticket vending machines
  • Parking lot management software
  • Security cameras
  • Automated payment systems
  • Parking guidance systems
  • Traffic flow monitoring systems
  • Electronic signage
  • Parking enforcement tools
  • Maintenance equipment
  • Customer service software

Industry Examples of Park & Ride

Common products and services typical of NAICS Code 812930-05, illustrating the main business activities and contributions to the market.

  • Bus station Park & Ride
  • Train station Park & Ride
  • Subway station Park & Ride
  • Ferry terminal Park & Ride
  • Bike sharing Park & Ride
  • Carpool Park & Ride
  • Electric vehicle charging station Park & Ride
  • Airport shuttle Park & Ride
  • Event venue Park & Ride
  • Shopping mall Park & Ride

Certifications, Compliance and Licenses for NAICS Code 812930-05 - Park & Ride

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 transportation facilities. This credential is required for workers who need unescorted access to secure areas of maritime facilities, including Park & Ride facilities located near ports.
  • Commercial Driver's License (CDL): A license required to operate large vehicles, such as buses, that transport passengers. Park & Ride drivers may need a CDL if they operate buses with a seating capacity of 16 or more passengers.
  • Hazardous Materials Endorsement (HME): An endorsement required for drivers who transport hazardous materials. Park & Ride drivers who transport passengers with hazardous materials, such as propane tanks, may need an HME.
  • First Aid and CPR Certification: A certification that demonstrates the ability to provide basic first aid and cardiopulmonary resuscitation (CPR) in emergency situations. Park & Ride employees who interact with passengers may need this certification.
  • Americans with Disabilities Act (ADA) Compliance: A set of regulations that require businesses to provide equal access to individuals with disabilities. Park & Ride facilities must comply with ADA regulations, including providing accessible parking spaces and transportation services.

History

A concise historical narrative of NAICS Code 812930-05 covering global milestones and recent developments within the United States.

  • The "Park & Ride" industry has been around for several decades, with the first known park and ride system being established in the United Kingdom in the 1960s. The concept quickly spread to other countries, including the United States, where the first park and ride system was established in Washington, D.C. in 1970. Since then, the industry has continued to grow, with advancements in technology and infrastructure making it easier for commuters to use park and ride services. In recent years, there has been a push towards more sustainable transportation options, which has led to an increase in the popularity of park and ride systems. In the United States, the "Park & Ride" industry has seen significant growth in recent years, with more and more commuters opting to use park and ride services as a way to avoid traffic congestion and reduce their carbon footprint. Many cities have invested in new park and ride facilities, with some even offering incentives such as discounted parking rates or free transit passes to encourage more people to use these services. Additionally, advancements in technology have made it easier for commuters to find and use park and ride facilities, with many systems now offering real-time information on parking availability and transit schedules.

Future Outlook for Park & Ride

The anticipated future trajectory of the NAICS 812930-05 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 Park & Ride industry in the USA is positive. The industry is expected to grow due to the increasing demand for public transportation and the need for more efficient and sustainable transportation options. The rise of ride-sharing services and the increasing popularity of electric vehicles are also expected to contribute to the growth of the industry. The industry is also expected to benefit from government initiatives aimed at reducing traffic congestion and promoting public transportation. However, the industry may face challenges such as increasing competition from other transportation options and the need to invest in new technologies to remain competitive.

Industry Innovations for NAICS Code 812930-05

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

  • Mobile Payment Systems: Park & Ride facilities are increasingly adopting mobile payment systems, allowing customers to pay for parking using their smartphones. This technology provides a more convenient and efficient payment option for customers.
  • Electric Vehicle Charging Stations: Many Park & Ride facilities are installing electric vehicle charging stations to cater to the growing number of electric vehicle owners. This innovation promotes the use of sustainable transportation options and helps to reduce carbon emissions.
  • Real-Time Parking Availability: Some Park & Ride facilities are implementing real-time parking availability systems, allowing customers to check the availability of parking spaces before arriving at the facility. This technology helps to reduce traffic congestion and provides a more convenient parking experience for customers.
  • Bike-Sharing Programs: Some Park & Ride facilities are partnering with bike-sharing companies to provide customers with a more sustainable and efficient transportation option. This innovation promotes the use of alternative transportation options and helps to reduce traffic congestion.
  • Automated Parking Systems: Some Park & Ride facilities are implementing automated parking systems, allowing customers to park their vehicles without the need for human assistance. This technology provides a more efficient and convenient parking experience for customers.

NAICS Code 812930-05 - Park & Ride

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