Rental and leasing of trucks

NACE v2.0 Code: N77.12

About rental and leasing of trucks

NACE code 77.12 covers the rental and leasing of trucks, a critical component of the logistics and transportation industry. This sector plays a vital role in facilitating the movement of goods and materials across the economy, supporting a wide range of industries and supply chains. By providing access to specialized vehicles on a temporary basis, the truck rental and leasing industry enables businesses to meet fluctuating transportation needs efficiently and cost-effectively.

Production process

The main production techniques in the truck rental and leasing industry involve the acquisition, maintenance, and distribution of a fleet of vehicles. Businesses in this sector typically purchase or lease a variety of truck models, ranging from light commercial vehicles to heavy-duty tractor-trailers. These trucks are then serviced, repaired, and prepared for rental or leasing agreements with customers. The industry also relies on logistics and fleet management systems to coordinate the availability, deployment, and return of trucks to meet customer demands.

Production inputs

The key inputs for the truck rental and leasing industry include the acquisition of truck models from 29.10 Manufacture of motor vehicles, as well as maintenance and repair services from 45.20 Maintenance and repair of motor vehicles. Additionally, the industry requires skilled personnel to manage fleet operations, customer service, and administrative functions. Financing and insurance services are also essential inputs for businesses in this sector.

Production outputs

The primary output of the truck rental and leasing industry is the provision of temporary access to a wide range of truck models for businesses and individuals. These trucks are used in a variety of applications, including 49.41 Freight transport by road, 46.12 Agents involved in the sale of fuels, ores, metals and industrial chemicals, and 41.20 Construction of residential and non-residential buildings. By offering flexible and cost-effective transportation solutions, the truck rental and leasing industry supports the efficient movement of goods and materials throughout the economy.

Revisions to 77.12

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 77.12. The most recent 5 versions of this code (77.12) is in the NACE v2.1 system:

This page shows a legacy version of code 77.12 ( NACE v2.0).

Related ISIC Codes

These isic codes are related to this econ code: (77.12).

ISIC code ISIC Version ISIC title
7710ISIC v4.0Renting and leasing of motor vehicles

Related CPC Codes

These CPC codes are related to this econ code: (77.12).

CPC code CPC Version CPC title
73111CPC v2.1Leasing or rental services concerning cars and light vans without operator
73112CPC v2.1Leasing or rental services concerning goods transport motor vehicles without operator
73114CPC v2.1Leasing or rental services concerning other land transport equipment without operator

Family tree for rental and leasing of trucks

    graph LR
    A["<a href='/classifications/nace/v2/N'>N: ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2/N/77'>77: Rental and leasing activities</a>"]
B --> C["<a href='/classifications/nace/v2/N/77/1'>77.1: Rental and leasing of motor vehicles</a>"]
C --> D["<a href='/classifications/nace/v2/N/77/12'>77.12: Rental and leasing of trucks</a>"]

    C --> E["<a href='/classifications/nace/v2/N/77/11'>77.11: Rental and leasing of cars and light motor vehicles</a>"]

    

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