Major Group SIC 42 - Motor Freight Transportation And Wareho...

SIC 42 - Motor Freight Transportation And Warehousing

SIC 42 - Motor Freight Transportation And Warehousing
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

This major group includes establishments furnishing local orlong-distance trucking or transfer services, or those engaged in the storage offarm products, furniture and other household goods, or commercial goods ofany nature. The operation of terminal facilities for handling freight, with orwithout maintenance facilities, is also included. Establishments primarilyengaged in the storage of natural gas are classified in Industry 4922. Fieldwarehousing is classified in Services, Industry 7389. Establishments of theUnited States Postal Service are classified in Major Group 43.

Industry trends:

The Wholesale Trade sector (NAICS 42) is undergoing several significant qualitative trends that are shaping the future of the industry. One of the prominent trends is the increasing adoption of digital transformation. Wholesale distributors are increasingly utilizing advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and data analytics to optimize their supply chain operations, improve inventory management, and enhance customer experiences. E-commerce platforms are also being increasingly integrated to streamline the ordering process for clients.

Sustainability is another growing trend, with companies placing a higher emphasis on environmentally-friendly practices. This includes the use of eco-friendly packaging, reducing carbon footprints through optimized logistics, and a greater focus on corporate social responsibility initiatives.

The industry is also seeing a shift towards more personalized and flexible customer service. Wholesalers are leveraging Customer Relationship Management (CRM) systems to gain deeper insights into customer behavior and preferences, enabling them to offer tailored solutions and build stronger relationships.

Looking ahead, the near future will likely see continued emphasis on these digital and sustainable practices. The demand for real-time data will push wholesalers to further invest in sophisticated IT infrastructure. Additionally, as global supply chains become more complex, a trend towards near-shoring and local sourcing to mitigate risks and ensure continuity is anticipated.

Overall, the Wholesale Trade industry is poised for continued evolution, driven by technological advancements and a growing emphasis on sustainability and customer-centric approaches.

This industry is comprised of:

SIC 421 - Trucking And Courier Services, Except Air

SIC 422 - Public Warehousing And Storage

SIC 423 - Terminal And Joint Terminal Maintenance

Explore related industries:

SIC 40 - Railroad Transportation SIC 44 - Water Transportation SIC 47 - Transportation Services

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