NAICS 48422 - Specialized Freight (except Used Goods) Trucking, Local
This industry comprises establishments primarily engaged in providing local, specialized trucking. Local trucking establishments provide trucking within a metropolitan area that may cross state lines. Generally the trips are same-day return.
Industry trends:
The Specialized Freight (except Used Goods) Trucking, Local industry, classified under NAICS 48422, is experiencing several key qualitative trends. One significant trend is the increasing adoption of advanced logistics and telematics systems to enhance route optimization, fleet management, and real-time tracking. This technology integration is driven by the need for efficiency and cost reduction. Additionally, sustainability is becoming a critical focus, with many companies investing in eco-friendly trucks and alternative fuels to reduce their carbon footprint and comply with environmental regulations.
Another trend is the growing complexity of customer demands. Clients are seeking specialized trucking services that offer not just delivery, but also value-added services like installation, assembly, and inventory management. As a result, companies are diversifying their service portfolios to meet these evolving needs. Labor shortages, especially skilled drivers, remain a persistent challenge, prompting increased investment in driver training programs and improved working conditions to attract and retain talent.
Looking ahead, forecasts for the near future suggest continued growth in e-commerce will drive demand for specialized freight services, particularly in urban areas. This sector is expected to innovate further with autonomous vehicle technology and enhanced digital platforms, making logistics more efficient and customer-focused. Companies that adapt to these technological and market shifts are likely to gain a competitive edge in the rapidly evolving landscape.
This industry is comprised of:
Agricultural products trucking, local
Automobile carrier trucking, local
Boat hauling, truck, local
Bulk liquids trucking, local
Coal hauling, truck, local
Dry bulk trucking (except garbage collection, garbage hauling), local
Dump trucking (e.g., gravel, sand, top soil)
Farm products hauling, local
Flatbed trucking, local
Grain hauling, local
Gravel hauling, local
Livestock trucking, local
Log hauling, local
Milk hauling, local
Mobile home towing services, local
Refrigerated products trucking, local
Rubbish hauling without collection or disposal, truck, local
Sand hauling, local
Tanker trucking (e.g., chemical, juice, milk, petroleum), local
Top-soil hauling, local
Tracked vehicle freight transportation, local
Trucking, specialized freight (except used goods), local
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.