Small Business Size Standards; Arrangement of Transportation of Freight and Cargo

Zusammenfassung

The Small Business Administration (SBA) proposes to modify the way average annual receipts are calculated for firms in the Arrangement of Transportation of Freight and Cargo industry (Standard Industrial Classification (SIC) code 4731). This rule would exclude funds received in trust for unaffiliated third parties from calculation of a firm's receipts. The current size standard for this industry, $18.5 million, is based on gross billings and is equivalent to a firm size of $1.85 million in income from commissions and fees. SBA also proposes a size standard of $5 million in average annual receipts (after excluding funds received in trust for unaffiliated third parties). The revisions are proposed to better define the size of business in this industry that SBA believes should be eligible for Federal small business assistance programs.