483111

Analysis

NAICS 483111 is the 2022 national industry for deep sea freight transportation, part of 48311 (Deep Sea, Coastal, and Great Lakes Water Transportation). Census lists 5 example activities under it in the official index.

County Business Patterns counts 333 US establishments in this code in 2023, employing 6,574 people at an average annual payroll of $119,413 per employee (91st percentile of national industries). 64% of the establishments have fewer than five employees, which marks it as a small-business industry.

Between 2018 and 2023 the number of establishments grew 18% and employment fell 2%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.

Its index entries, the activities Census uses to assign businesses to this code, include deep sea freight transportation to or from foreign ports, freight transportation, deep sea, to or from foreign ports, ship chartering with crew, deep sea freight transportation… and shipping freight to or from foreign ports, deep sea, among 5 in all.

For example, providing deep sea transportation of cargo to and from domestic ports are classified in 483113 (Coastal and Great Lakes Freight Transportation) instead.

Census lists 1 related activities that belong elsewhere, most often in 483113. Businesses that do several things are classified by their primary activity, the one that generates the most value, so check those boundaries before settling on this code.