48551 - Charter Bus Industry
The Charter Bus Industry, designated under NAICS code 48551, plays a vital role in the transportation sector by providing flexible, group-oriented transit solutions. Whether for tours, sightseeing, or special events, charter buses offer a comfortable and efficient way for private groups to travel together. This blog will explore the scope, sector, business activities, and eligibility criteria related to NAICS 48551, helping you understand its importance in the transportation landscape.
What is NAICS Code 48551? – Charter Bus Industry Defined
NAICS code 48551 specifically covers establishments primarily engaged in charter bus services. These services cater to private groups, arranged on a contract or fee basis, and include:
- Group sightseeing tours
- Special event transportation
- Private charter services for organizations, schools, or businesses
Unlike regular public transit services, the charter bus industry focuses on providing tailored transportation experiences for specific groups.
Sector Overview: Transportation and Warehousing
NAICS 48551 falls under the broader Transportation and Warehousing sector, which encompasses various modes of transporting passengers and cargo. Within this sector, the charter bus industry specializes in road passenger transport tailored for groups that seek customizable and private travel options.
Typical Business Activities Include:
- Operating private charter bus fleets
- Organizing guided tour bus trips
- Providing shuttle services for conferences, weddings, and sporting events
- Coordinating contract bus rentals for schools and corporate events
Size Standards for NAICS 48551 Eligibility
For federal contracting and SBA assistance purposes, the size standard for businesses classified under NAICS 48551 – Charter Bus Industry – is generally:
- Average annual receipts of $16.5 million or less (varies by contract or federal agency guidelines)
These size standards help determine small business eligibility for government contracting opportunities and programs.
Examples of Businesses Under NAICS Code 48551
- Private Charter Bus Companies: Businesses offering customized group transportation rentals for a variety of occasions.
- Tour Bus Operators: Companies specializing in guided tour services with chartered buses.
- Special Event Transportation Services: Services providing shuttle and transport solutions for weddings, corporate events, and festivals.
NAICS Code 48551 - Charter Bus Industry Details Table
| Attribute | Description |
|---|---|
| NAICS Code | 48551 |
| Industry Title | Charter Bus Industry |
| Sector | Transportation and Warehousing |
| Primary Activities | Providing charter bus services for private groups |
| Services Include | Sightseeing, tour, special event transportation |
| Size Standard | Average annual receipts of $16.5 million or less |
| Typical Businesses | Private charter bus companies, tour operators, special event transport providers |
| Contract Type | Fee or contract basis for private group transport |
Frequently Asked Questions (FAQs) About NAICS Code 48551
What types of services are included in the Charter Bus Industry?
This NAICS code includes all charter bus transport services arranged for private groups such as tours, sightseeing trips, special events, and organizational travel.
How does the Charter Bus Industry differ from public transit?
Unlike public transit systems that operate on fixed routes and schedules, charter bus services are privately hired and provide customized schedules and routes tailored to client needs.
What is the size standard for a small business in NAICS 48551?
Typically, businesses must have average annual receipts of $16.5 million or less to qualify as small businesses under this code.
Can schools or universities hire charter bus companies under this code?
Yes. Educational institutions commonly utilize charter bus services for field trips, sports events, and group travel.
Where does NAICS 48551 fit within the broader NAICS system?
It is a subset of code 485 – Transit and Ground Passenger Transportation, specifically focusing on private, group charter bus services.
Conclusion
NAICS code 48551 represents a crucial niche in the transportation sector, offering versatile and group-focused bus charter services. From sightseeing tours to event transport, businesses under this industry provide tailored travel solutions that support both private groups and larger organizational needs. Understanding the scope and standards of NAICS 48551 is essential for entrepreneurs, government contractors, and anyone involved in transportation services.
For more insights on government contracting codes and business eligibility, stay tuned to our blog!
