493 - Warehousing and Storage
When it comes to managing the flow of goods in the supply chain, NAICS code 493 plays a pivotal role. This code represents the Warehousing and Storage industry—an essential segment within the broader Transportation and Warehousing sector. Whether you’re a business owner, a government contractor, or simply curious about how goods are stored and maintained before reaching consumers, understanding what NAICS 493 entails is crucial for navigating this part of the logistics industry.
What is NAICS Code 493?
NAICS code 493 encompasses establishments primarily engaged in operating warehousing and storage facilities. These facilities handle various types of goods—ranging from general merchandise to temperature-sensitive items like refrigerated products. The industry serves as the backbone for inventory management, offering spaces where goods are securely stored until distributed to retailers, manufacturers, or end-users.
Description
This industry comprises establishments primarily engaged in:
- Operating warehousing and storage facilities for general merchandise
- Handling refrigerated goods with specialized equipment
- Managing various other warehouse products
Facilities involved may include:
- Public warehouses
- Refrigerated warehouses
- Storage units (self-storage or commercial storage)
Sector: Transportation and Warehousing
NAICS 493 is part of the larger Transportation and Warehousing sector, which covers industries that move goods and provide storage and related services. Warehousing establishments serve as critical nodes where goods are consolidated, stored safely, and prepared for distribution.
Typical Business Activities Under NAICS 493
Businesses categorized under NAICS 493 perform activities such as:
- Public Warehousing: Offering storage space to various clients on a rental or lease basis.
- Refrigerated Warehousing: Handling perishable goods requiring cold storage like food, pharmaceuticals, and flowers.
- Storage Units: Providing self-storage facilities for personal or business items.
These businesses contribute significantly to the supply chain by enabling just-in-time inventory systems and reducing transportation costs.
Size Standards for NAICS Code 493
To be classified under NAICS code 493 for government contracting and statistical purposes, businesses must meet size standards defined by the Small Business Administration (SBA):
- Maximum size standard: Typically, a maximum of 750 employees for the warehousing and storage industry.
This size standard helps determine eligibility for small business certifications and participation in government contracts.
Examples of Businesses under NAICS Code 493
Common examples include:
- Public Storage Inc. – Operates self-storage units across the country.
- Americold Logistics – Specializes in refrigerated warehousing solutions.
- Ryder Supply Chain Solutions – Offers third-party logistics and warehousing services.
- Local independent public warehouses and refrigerated goods storages.
Frequently Asked Questions (FAQ)
What types of facilities fall under NAICS 493?
NAICS 493 covers public warehouses, refrigerated warehouses, and self-storage units among others.
How is NAICS 493 different from general manufacturing or transportation codes?
NAICS 493 specifically addresses warehousing and storage activities, not manufacturing or actual transportation/delivery of goods.
What are common industries served by warehousing and storage?
Retail, food and beverage, pharmaceuticals, manufacturing, and e-commerce businesses commonly utilize warehousing and storage services.
Can small businesses operate under NAICS 493?
Yes, businesses with up to 750 employees generally qualify as small businesses under this classification.
How does warehousing benefit supply chain management?
Warehousing helps in inventory management, consolidates shipments, reduces transit times, and ensures availability of products on demand.
Understanding NAICS code 493 - Warehousing and Storage is essential for anyone involved in supply chain logistics, government contracting, or warehouse operations. From public warehousing to refrigerated storage, this industry plays a foundational role in ensuring goods are safely stored and efficiently distributed.
Keywords: NAICS code 493, warehousing and storage, public warehousing, refrigerated warehousing, storage units, transportation and warehousing sector, warehouse facilities, small business size standards, supply chain management, logistics, refrigerated goods storage.
