Commercial Air, Rail, & Water Transportation Equipment Rental & Leasing
Key Figures
Figures are published for NAICS 532411 directly.
Secure payments powered by Stripe, a PCI DSS Level 1 certified provider
Official definition
This U.S. industry comprises establishments primarily engaged in renting or leasing off-highway transportation equipment without operators, such as aircraft, railroad cars, steamships, or tugboats.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
The boundary between commercial air, rail, and water transportation equipment rental and construction, mining, and forestry machinery rental lies in the type of equipment rented. Code 532411 covers establishments renting or leasing transportation vessels and aircraft, such as railroad cars, steamships, tugboats, and aircraft without operators. Code 532412 covers establishments renting or leasing heavy machinery used in construction, mining, and forestry operations, such as bulldozers, earthmoving equipment, cranes, and well drilling machinery. The distinction separates transportation equipment designed to move goods or people from land-based heavy equipment designed to perform construction or extraction work.