Powered by LevrNAICS 488510: Freight transportation arrangement
NAICS 488510 is the industry code for freight transportation arrangement. Use it on loan applications, tax forms and registrations. Explore financing for trucking and logistics and start your application when you are ready.
What 488510 covers
Freight transportation arrangement businesses arrange the shipment of freight for others, as freight brokers, freight forwarders, customs brokers and logistics coordinators, without operating the trucks or planes themselves.
Included in this code
- Truck freight brokers
- Freight forwarders
- Customs brokers
- Non vessel operating common carriers
- Third party logistics arranging transport
Not this code
- Trucking companies: see 484121 General freight trucking, long-distance, truckload
- Couriers: see 492110 Couriers and express delivery services
- Warehousing: see 493110 General warehousing and storage
Businesses that use 488510
Financing for this trade
Freight brokers use factoring, receivables lines and quick pay programs, plus surety bonds for authority. Lenders look at broker authority, shipper concentration and gross margin.
Apply for funding with AIIs 488510 the right code for a freight broker?
Yes, if you arrange freight transportation for shippers using other carriers, as a freight broker, forwarder or customs broker. If you run your own trucks, use a 484 code. The closest alternatives are 484121 (general freight trucking, long distance, truckload) and 493110 (general warehousing and storage). Use whichever matches your largest revenue stream, and keep it consistent across tax filings, SBA forms and lender applications.
What is the SBA size standard for 488510?
The SBA size standard for 488510 is $20M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A freight broker at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing do freight brokers use?
Brokers pay carriers quickly but get paid by shippers in 30 to 60 days, so factoring and receivables lines are essential. A BMC 84 surety bond of 75,000 dollars is required for authority. Lenders review shipper concentration, margins and authority age.
What does NAICS 488510 cover?
Freight transportation arrangement. Industry level code in NAICS 2022, under 48-49 Transportation and warehousing, 488 Support activities for transportation, 4885 Freight transportation arrangement, 48851 Freight transportation arrangement.
What financing do NAICS 488510 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for trucking and logistics businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 488510?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.