SIC 4226 - Special Warehousing And Storage, Not Elsewhere Classified
Establishments primarily engaged in the warehousing and storage of special products, not elsewhere classified, such as household goods, automobiles (dead storage only), furs (for the trade), textiles, whiskey, and goods at foreign trade zones. Warehouses primarily engaged in blending wines are classified in Wholesale Trade, Industry 5182.
Industry trends:
The special warehousing and storage industry categorized under SIC 4226, which includes facilities for specialized goods not elsewhere classified, is undergoing significant transformations driven by technology advancements and evolving consumer demands. A notable trend is the increasing adoption of automation and robotics within these facilities. Automated storage and retrieval systems (ASRS) are becoming more commonplace, helping businesses increase efficiency, reduce labor costs, and improve inventory management. This move towards automation also aligns with the broader supply chain digitization trend, where real-time data analytics are used to optimize storage operations.
Furthermore, there is a growing emphasis on sustainability within the industry. Companies are exploring eco-friendly practices such as energy-efficient warehouse designs, utilizing renewable energy sources, and reducing waste. This trend is not only driven by regulatory pressures and consumer expectations but also by the economic benefits associated with sustainable operations.
Looking ahead, the special warehousing and storage sector is expected to further integrate Internet of Things (IoT) technologies to enhance operational visibility and control. The IoT can provide real-time monitoring of environmental conditions crucial for the storage of specialized goods, such as temperature and humidity, thus ensuring product integrity. Additionally, the demand for flexible and scalable storage solutions is likely to increase as businesses seek to adapt to unforeseeable supply chain disruptions.
The next few years may also see an uptick in partnerships with logistics service providers to offer end-to-end solutions, enabling businesses to streamline operations and focus on core activities. By incorporating these qualitative trends, companies can better position themselves to capture new market opportunities and maintain competitive advantages.
This industry is comprised of:
Automobile dead storage
Fur storage for the trade
Furniture storage, without local trucking
Household goods warehousing and storage, without local trucking
Lumber terminals, storage for hire
Oil and gasoline storage caverns for hire
Storage of goods at foreign trade zones
Storage, special: except farm products and cold storage
Textile warehousing
Warehousing of goods at foreign trade zones
Warehousing, special except farm products and cold storage
Whiskey warehousing
Petroleum and chemical bulk stations and terminals for hire
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.