Transportation and Warehousing ·NAICS 48423

NAICS 48423 · IRS SOI 2023 · Census CBP

Specialized Freight (except Used Goods) Trucking, Long-Distance - Industry Benchmarks

$67,570/yr average annual pay, with 618 SBA loans on record for NAICS 48423.

6.0%
Transportation and Warehousing sector margin
172K
Workers employed
$67,570/yr
Avg payroll / employee
$173M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 48423

Texas leads Specialized Freight (except Used Goods) Trucking, Long-Distance activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Transportation and Warehousing sector runs a 6.0% net margin.

6.0%
Transportation and Warehousing sector margin (IRS SOI)
172K
Workers employed (Census CBP)
$67,570/yr
Avg payroll / employee
$173M
SBA lending, FY20–26

Benchmarking Insights for Specialized Freight (except Used Goods) Trucking, Long-Distance

Specialized Freight (except Used Goods) Trucking, Long-Distance sits inside Transportation and Warehousing, a sector that runs a 6.0% net margin overall.

11,462 establishments employ 171,976 workers (15.0/location) at $67,570/yr average annual pay. Texas leads employment, followed by California and Missouri.

Employment

171,976

Total employees (Census CBP)

Avg Payroll / Employee

$67,570/yr

Annual compensation

Establishments

11,462

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 1,649; establishment count decreased by 514. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Workforce scale

Financial Detail

Annual Payroll (Total)
$11.6B
Avg Employees per Establishment
15.0

Sub-Industries

Industry Profit Margin
Specialized Freight (except Used Goods) Trucking, Long-Distance

NAICS 484230

N/A

Top States by Employment

State Employment
Texas 22,428
California 11,268
Missouri 8,222
Ohio 7,894
Florida 7,585
Georgia 6,241
Illinois 6,118
Pennsylvania 5,496
Arizona 5,487
Indiana 5,040

Showing top 10 of 50 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

618

Total Loan Volume

$173M

Avg Loan Size

$280K

Jobs Supported

3,656

Program Breakdown

7(a) 598 (97%)
504 20 (3%)

Top SBA Lender

The Huntington National Bank

128 loans in this industry

New Business Share

30.7% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
114
2021
85
2022
103
2023
106
2024
77
2025
121
2026
12

Frequently Asked Questions

How profitable is Specialized Freight (except Used Goods) Trucking, Long-Distance?
IRS SOI doesn't publish margin data at the NAICS 48423 level. Texas leads this industry nationally. The broader Transportation and Warehousing sector runs a 6.0% net margin (IRS SOI 2023).
How many businesses are in Specialized Freight (except Used Goods) Trucking, Long-Distance?
11,462 business establishments. Together they employ 171,976 workers.
What is the average payroll per employee in Specialized Freight (except Used Goods) Trucking, Long-Distance?
$67,570/yr average annual pay per employee. Businesses average 15.0 employees per establishment.
Which states have the most Specialized Freight (except Used Goods) Trucking, Long-Distance employment?
Texas leads with 22,428 workers. California (11,268) and Missouri (8,222) round out the top three.
How much SBA lending does Specialized Freight (except Used Goods) Trucking, Long-Distance receive?
Specialized Freight (except Used Goods) Trucking, Long-Distance businesses received 618 SBA loans totaling $173 million between FY2020 and FY2026. The average loan size was $280K. These loans supported 3,656 jobs at origination. Most lending (97%) came through the SBA 7(a) program.

Comparable industry benchmarks

These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.

How this ranks: Its Census employment total exceeds 75% of that same 551-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.

Closest workforce scale

Same NAICS detail level, ordered by the smallest difference in reported Census employment.

Benchmarking Specialized Freight (except Used Goods) Trucking, Long-Distance

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 48423 · Data year: 2023

According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.

Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023

Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.