Memphis, TN stands atop the leaderboard of Logistics Leaders in Business Facilities’ 17th Annual Rankings Report.
Memphis was the top-ranked logistics hub in BF’s global and metro Logistics Leaders category in the Rankings Report.
Memphis International Airport (MEM), home to the global FedEx hub, is now the busiest cargo airport in the world, mainly due to FedEx Express’ surge in shipment volume in 2020. MEM handled 4.6 million metric tons of cargo, according to Airports Council International’s annual tally. MEM overtook Hong Kong International Airport (HKG), now second.
“The logistics supremacy in Memphis isn’t limited to air cargo,” said BF Editor in Chief Jack Rogers. “Memphis is one of only four U.S. cities to be served by five Class I railroads. If you prefer to ship by water, they’ve also got a significant aquatic highway known as the Mississippi River.”
BF’s Logistics Leaders ranking measures all forms of transportation logistics, including shipping by air, rail, water and highway. New Orleans, a perennial leader in this category for several years, is ranked second, followed by Louisville, KY; Los Angeles, CA and Savannah, GA, respectively.
Business Facilities is a national publication that has been the leading location source for corporate site selectors and economic development professionals for more than 50 years. Business Facilities’ LiveXchange event will take place Oct. 26-28 at the Westin La Paloma Resort & Spa in Tucson, Arizona.