532411 Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing

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, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

• Renting or leasing air, rail, highway, and water transportation equipment with operators are classified in Sector 48-49, Transportation and Warehousing, based on their primary activity.
• Renting pleasure boats are classified in U.S. Industry 532284, Recreational Goods Rental.
• Renting or leasing automobiles or trucks without drivers are classified in Industry Group 5321, Automotive Equipment Rental and Leasing.

Source: US Census Bureau, 2022 NAICS cross-references.

Activities listed under 532411

The Census index assigns these 11 activities to this code. If your business matches one, this is your code.

• Aircraft rental or leasing without operator
• Airplane rental or leasing without operator
• Barge rental or leasing without crew
• Boat rental (except pleasure) without crew
• Boat rental or leasing, commercial
• Railroad car rental or leasing
• Ship rental or leasing without crew
• Steamship rental or leasing without crew
• Tanker (boat) rental or leasing without crew
• Towboat rental or leasing without crew
• Tugboat rental or leasing without crew

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 532411

To count as a small business for SBA loans and federal contracts under NAICS 532411, your business (including affiliates) must not exceed $45.5 million in average annual receipts. Check your business.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 7730), so treat them as a starting point and check the definition.

• 77310Renting and leasing of agricultural machinery and equipmentUK SIC
• 77320Renting and leasing of construction and civil engineering machinery and equipmentUK SIC
• 77330Renting and leasing of office machinery and equipment (including computers)UK SIC
• 77341Renting and leasing of passenger water transport equipmentUK SIC
• 77342Renting and leasing of freight water transport equipmentUK SIC
• 77351Renting and leasing of air passenger transport equipmentUK SIC
• 77352Renting and leasing of freight air transport equipmentUK SIC
• 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.UK SIC

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

• 532412Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing