SBA increases size standards for NAICS Sector 48 49, Transportation and Warehousing

The Small Business Administration (SBA) has updated the small business size standards for 22 industries within the Transportation and Warehousing sector (NAICS Sector 48-49), increasing the revenue thresholds that define small businesses for these industries. The existing size standards for the remaining 37 industries in this sector have been maintained. This update is part of a broader, ongoing review by the SBA aimed at ensuring size standards are appropriate and reflective of current economic conditions. While this rule focused on receipt-based size standards, the SBA will conduct a future review of employee-based size standards across the sector. The revised size standards took effect on March 26, 2012, following a public comment period and the release of a final rule available for review. Interested parties could access the full documentation and submit feedback through the Regulations.gov website. The SBA provided a point of contact, Carl J. Jordan, for inquiries related to this update. This contract or announcement was posted on February 24, 2012, and included relevant information, such as the solicitation number and NAICS code referenced.