Major Group SIC 4013 - Railroad Switching and Terminal Estab...

SIC 4013 - Railroad Switching and Terminal Establishments

SIC 40 - Railroad Transportation
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- SIC 401 - Railroads
  SIC 401 - Railroads
  - SIC 4013 - Railroad Switching and Terminal Establishments
    SIC 4011 - Railroads, Line-Haul Operating SIC 4013 - Railroad Switching and Terminal Establishments

Establishments primarily engaged in the furnishing of terminal facilities for rail passenger or freight traffic for line-haul service, and in the movement of railroad cars between terminal yards, industrial sidings and other local sites. Terminal companies do not necessarily operate any vehicles themselves, but may operate the stations and terminals. Lessors of railway property are classified in Real Estate, Industry 6517.

Industry trends:

The railroad switching and terminal establishments industry (NAICS 4013) is experiencing several notable qualitative trends. One significant trend is the increasing adoption of advanced technologies such as automation and AI to optimize operations and enhance efficiency. This includes the implementation of automated switching systems, predictive maintenance powered by AI, and the use of big data analytics to streamline scheduling and improve throughput. These technological advancements are expected to continue and accelerate in the near future, driven by ongoing innovations and growing demand for more efficient rail services.

Another trend is the emphasis on sustainability and reducing carbon footprints. Companies within the industry are increasingly investing in greener technologies, such as electrification of rail yards and the use of alternative fuels for locomotives. This trend is in response to regulatory pressures and a broader shift towards environmental responsibility, which is expected to persist and even intensify in the coming years.

Moreover, there's a growing focus on enhancing intermodal connectivity. Railroads are increasingly collaborating with other modes of transportation, such as trucking and shipping, to offer more integrated and seamless logistics solutions. This trend is anticipated to expand as demand for efficient, end-to-end supply chain solutions continues to rise.

Finally, the industry is witnessing a shift towards greater digitization and cybersecurity measures. With the rise of digital technologies, there is an increasing need for robust cybersecurity infrastructures to protect against potential threats and ensure the continuity of operations. This emphasis on digital security will likely grow as the industry becomes more reliant on digital systems.

Overall, the NAICS 4013 industry is poised for significant technological, environmental, and operational advancements in the near future, driven by the ongoing pursuit of efficiency, sustainability, and security.

This industry is comprised of:

Belt line railroads

Logging railroads

Railroad terminals

Stations operated by railway terminal companies

Explore related industries:

SIC 4231 - Terminal And Joint Terminal Maintenance Facilities For Motor Freight SIC 4741 - Rental of Railroad Cars SIC 6517 - Lessors of Railroad Property

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