Major Group SIC 4121

SIC 4121 - Taxicabs

SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 412 - Taxicabs
  SIC 411 - Local And Suburban Passenger Transportation SIC 412 - Taxicabs SIC 413 - Intercity And Rural Bus Transportation SIC 414 - Bus Charter Service SIC 415 - School Buses SIC 417 - Terminal And Service Facilities For Motor Vehicle
  - SIC 4121 - Taxicabs
    SIC 4121 - Taxicabs

Establishments primarily engaged in furnishing passenger transportation by automobiles not operated on regular schedules or between fixed terminals. Taxicab fleet owners and organizations are included, regardless of whether drivers are hired or rent their cabs or are otherwise compensated. Establishments primarily engaged in furnishing passenger transportation by automobile or bus, to, from, or between airports or rail terminals, over regular routes, are classified in Industry 4111. Taxicab associations and similar organizations which do not operate taxicabs, but supply maintenance and repair services to their members, are classified in Industry 4173.

Industry trends:

The taxicab industry, categorized under NAICS 4121, has been experiencing significant qualitative trends recently. One of the key trends is the increasing integration of technology. Many traditional taxicab companies are adopting app-based booking systems to compete with ride-sharing services like Uber and Lyft. This shift not only improves customer convenience but also provides better data for managing fleets and predicting demand.

Another trend is the push towards sustainability. A growing number of taxicab companies are incorporating electric and hybrid vehicles into their fleets. This move is often driven by consumer preference for environmentally friendly options and by government regulations aimed at reducing emissions in urban areas.

Additionally, there is a noticeable emphasis on improving driver and passenger safety. Advanced telematics systems are being installed to monitor driving behavior, and new health protocols have been implemented in response to the COVID-19 pandemic, such as regular vehicle sanitation and partitioning drivers from passengers.

Forecasts for the near future suggest continued technological integration, with advancements in autonomous vehicles potentially disrupting the market. Companies that invest in electric vehicles and technology are expected to gain a competitive edge. Meanwhile, regulatory changes and evolving consumer preferences towards sustainable and convenient options will likely shape the future landscape of the taxicab industry.

This industry is comprised of:

Taxicab operation

Explore related industries:

SIC 4522 - Air Transportation, Nonscheduled SIC 4789 - Transportation Services, Not Elsewhere Classified SIC 7515 - Passenger Car Leasing

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