48423 - Specialized Freight (except Used Goods) Trucking, Long-Distance
In the vast and dynamic world of transportation, NAICS code 48423 stands out as a critical category that drives long-distance logistics for specialized freight. If you're involved in the freight trucking industry or seeking contracts in the transportation and warehousing sector, understanding this code can open doors to valuable opportunities.
What is NAICS Code 48423?
NAICS code 48423 corresponds to Specialized Freight (except Used Goods) Trucking, Long-Distance. This industry encompasses businesses primarily engaged in providing long-haul trucking services for specialized freight that requires unique handling or equipment. Unlike general freight carriers, companies in this category focus on freight types that mandate specialized transportation methods to ensure safety and regulatory compliance.
Sector: Transportation and Warehousing
This NAICS classification falls under the broader Transportation and Warehousing sector — a vital segment of the economy responsible for moving goods nationwide and supporting supply chains. Specialized freight trucking companies often handle commodities that cannot be transported like regular shipments due to their nature or size.
Typical Business Activities Under NAICS 48423
Companies operating under NAICS 48423 typically engage in one or more of the following long-distance specialized freight trucking activities:
- Long-distance refrigerated freight trucking: Transporting perishable goods such as food or pharmaceuticals in temperature-controlled trailers.
- Long-distance flatbed trucking for heavy machinery: Hauling oversized or irregularly shaped equipment and vehicles that require flatbed trailers.
- Long-distance tanker trucking for chemicals: Moving liquid or gaseous chemicals safely using dedicated tanker trucks.
These tasks demand advanced logistical planning, compliance with safety regulations, and specialized equipment.
Size Standards for NAICS Code 48423
To determine eligibility for small business contracts under this NAICS code, the Small Business Administration (SBA) establishes size standards based on annual revenue. For 48423 - Specialized Freight (except Used Goods) Trucking, Long-Distance, the standard size is:
- Maximum of $36.5 million in average annual receipts
Businesses exceeding this revenue threshold are considered large and may not qualify for some small business set-asides.
Examples of Businesses Under NAICS 48423
Some typical examples of companies classified under this NAICS code include:
- A company offering long-haul refrigerated transportation services nationwide.
- An enterprise specializing in hauling construction equipment and industrial machinery across state lines using flatbed trucks.
- A chemical transport firm operating tanker trucks for hazardous material delivery over long distances.
These companies play a crucial role in ensuring specialized freight reaches its destination securely and on time.
Frequently Asked Questions (FAQ)
What differentiates specialized freight trucking from general freight trucking?
Specialized freight trucking handles cargo that requires unique equipment, handling, or safety measures, such as refrigerated goods, oversized machinery, or hazardous liquids. General freight trucking mainly handles standard, palletized goods.
Can used goods be transported under NAICS 48423?
No, NAICS 48423 explicitly excludes the transportation of used goods. Used goods trucking falls under different NAICS classifications.
How do I know if my business qualifies as small under this NAICS code?
Check your business’s average annual receipts. If it does not exceed $36.5 million, your business qualifies as a small entity for NAICS 48423.
Are there specific regulations for specialized freight trucking?
Yes, long-distance specialized freight carriers must comply with DOT regulations, hazardous materials handling rules, and specific equipment standards depending on the freight type.
Where can I find government contracting opportunities related to NAICS 48423?
You can search for opportunities on government portals like SAM.gov, where contracts requiring specialized long-distance freight trucking services are posted.
Conclusion
NAICS code 48423 - Specialized Freight (except Used Goods) Trucking, Long-Distance covers a vital niche within the transportation and warehousing sector. Firms specializing in refrigerated freight, flatbed trucking for heavy machinery, and chemical tankers operate under this code, providing essential services that demand skilled handling and specialized equipment. Understanding this NAICS code and its associated size standards is crucial for businesses looking to expand in the long-distance specialized freight market or pursue government contracts.
By leveraging this knowledge, trucking businesses can position themselves effectively in a competitive industry focused on specialized logistics solutions.
