SIC Code 4731-02 - Freight-Consolidating
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SIC Code 4731-02 Description (6-Digit)
Freight-consolidating is a business activity within the transportation and logistics industry that involves the consolidation of smaller shipments into larger ones in order to achieve economies of scale and reduce transportation costs. Freight-consolidating companies act as intermediaries between shippers and carriers, arranging for the transportation of goods from multiple shippers to multiple destinations. These companies typically operate warehouses where they receive, sort, and consolidate shipments before arranging for transportation. Freight-consolidating can be done by road, rail, air, or sea, depending on the nature of the goods being transported and the distance involved.
Hierarchy Navigation for SIC 6-Digit Code 4731-02
Parent Code (less specific)
Tools
- Warehouse management systems
- Transportation management systems
- Freight management software
- Load optimization software
- GPS tracking systems
- Barcoding and scanning systems
- Pallet jacks and forklifts
- Packaging and labeling equipment
- Freight scales and dimensioning systems
- Customs brokerage software
Industry Examples of Freight-Consolidating
- Thirdparty logistics providers
- Freight forwarders
- Shipping agents
- Customs brokers
- Trucking companies
- Air cargo carriers
- Rail freight operators
- Ocean freight carriers
- Courier and express delivery services
- Ecommerce fulfillment centers
SIC Code 4731-02 - Freight-Consolidating
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