Transportation/ Material Moving Occupations
(2019)
Busiest Cargo Airport in the World
(2020 Cargo Tonnes)
United States Population
(within a 2-day drive)
The Memphis regional market is centrally located in the United States and offers superior operational value and flexibility with a specialization in the ability to take products to market and move raw materials. With an integrated transportation system of road infrastructure, rail mainlines, river ports, and the number one busiest cargo airport in the world, over 27,000 companies have operations in Memphis, including over 400 trucking companies. With millions of square feet of industrial space under construction, the Memphis MSA pairs competitively priced lease rates with top-line product quality.
In today’s global marketplace, business success is dependent upon access to new markets, to customers and partners, and to the latest information and technology. To be competitive, you need to be well-positioned.
Home to the world headquarters and world hub of FedEx and major UPS, DHL and U.S. Postal operations, Memphis is uniquely positioned to provide hassle-free access and the most cost effective distribution and logistics services in the nation. This is especially ideal for companies that rely on fast-cycle logistics to support their business model. The FedEx World Hub in Memphis is the centerpiece of the distribution and delivery operations across the globe.
Positioning an operations in close proximity to a FedEx global hub offers businesses exceptional access to the powerful FedEx network – and to new international commerce opportunities. It is also one of the only places in the world where packages dropped off as late as midnight can still be delivered around the world as soon as the next day.
Memphis is a city that was built around the railroads. Memphis can reach 45 states and Canada and Mexico by rail within 2 days and is one of only four cities in the U.S. to be served by 5 class I railroads. Single system shipment is available to all 48 contiguous states, Alaska, Mexico, and Canada. Access to rail is available 24/7 at nine intermodal yards throughout the Memphis metro. Home to five wide-span cranes, the intermodal yards have a lift capacity of more than 2 million TEUs annually.
Class-I Railroads Highlights: (alpha order)
Geographically positioned as a gateway between cities in the eastern and western United States, Memphis serves as a major connection for many transcontinental truck shipments. Complementing its strategic positioning, nearly 900 miles of interstate and U.S. designated highways strengthen the movement of inbound of outbound goods.
Leveraging its sophisticated roadway infrastructure, inbound and outbound commodities distributed via roadway infrastructure amounted to nearly $350 billion in 2015, representing 83% of all freight flows value.
Major roadways within the Memphis MSA include I-55 which travels north-south providing connection to New Orleans to the south, St. Louis to the North, and continues to Chicago, US 78/ I-22 which connects the Region to the city of Birmingham to the south and I-40, connecting the east side of Tennessee including the cities of Knoxville, Nashville, and Jackson to the Greater Memphis region. In addition, I-40 connects the Greater Memphis region on the west to Little Rock, Oklahoma City, and continues to Mexico and the southern portion of California. I-240 loops around the City of Memphis connecting I-40 to I-55.
The Mississippi River serves as another alternative for shipping goods in barge loads or container on-barge operations. As a key regional asset, the Port of Memphis is a significant economic force supporting jobs and commerce across and the Mid-South region.
Strategically located between the Port of New Orleans and St. Louis, the Port of Memphis is the second largest port on the shallow draft portion of the Mississippi River and the 5th largest inland port in the United States, based on tonnage. The Port of Memphis offers 68 water fronted facilities, large crane capacity and ice-free harbors year round.
In the Greater Memphis metro area, our specialization in transportation and logistics industries has been shaped over decades. This specialization is not only reflected in our strong industry presence, but also within recent historical and projected growth.
Shown in the table below, industries with the largest regional presence are highlighted. Measured by industry employment, the top 10 transportation and warehousing industries displayed account for over 90% of total transportation employment within the region. Pairing the strong critical mass of industry-specific skills with robust historical and projected growth, and our region’s strong infrastructure connectivity fuel our region’s specialization in the ability to get products to market.
Industry Description | 2015 Jobs | 2019 Jobs | 2023 Jobs | Job Growth 2015 to 2019 (%) | Projected Job Growth 2019 to 2023 (%) | 2019 Location Quotient |
Couriers and Express Delivery Services | 27,069 | 30,102 | 30,105 | 11% | 0% | 10.4 |
General Warehousing and Storage | 9,844 | 16,331 | 19,763 | 66% | 21% | 3.58 |
General Freight Trucking, Long-Distance | 11,642 | 11,693 | 11,473 | 0% | -2% | 3.52 |
Freight Transportation Arrangement | 3,594 | 3,451 | 3,500 | -4% | 1% | 3.45 |
Other Warehousing and Storage | 1,296 | 1,641 | 1,584 | 27% | -3% | 7.73 |
General Freight Trucking, Local | 945 | 1,408 | 1,728 | 49% | 23% | 1.25 |
Specialized Freight Trucking, Long-Distance | 1,218 | 1,160 | 1,180 | -5% | 2% | 1.98 |
Other Transit and Ground Passenger Transportation | 801 | 787 | 859 | -2% | 9% | 1.67 |
Inland Water Transportation | 698 | 775 | 857 | 11% | 11% | 7.02 |
Airport Operations | 369 | 668 | 886 | 81% | 33% | 1.47 |
Top Ten: Transportation and Warehousing | 57,476 | 68,014 | 71,936 | 18% | 6% | |
Greater Memphis MSA Total | 63,160 | 73,750 | 77,590 | 17% | 5% |
In addition to business cost factors, Memphis offers a deep bench of qualified talent, with over 100,000 people employed in transportation related occupations. With internationally recognized brands leveraging the Memphis value proposition for distribution and logistics functions, the Memphis market serves as America’s Distribution Hub – ensuring reliable and cost-effective solutions to grow bottom line revenues and improve supply chain management systems
Occupation Description | 2019 Jobs | Median Annual Earnings | Avg. Hourly Earnings | 2019 Location Quotient |
Laborers and Freight, Stock, and Material Movers, Hand | 40,969 | $28,727 | $14.80 | 3.27 |
Heavy and Tractor-Trailer Truck Drivers | 16,407 | $42,822 | $21.36 | 2.08 |
Stock Clerks and Order Fillers | 12,167 | $24,169 | $12.66 | 1.42 |
Light Truck or Delivery Services Drivers | 6,959 | $30,590 | $16.54 | 1.71 |
Shipping, Receiving, and Traffic Clerks | 6,600 | $28,258 | $14.40 | 2.35 |
Industrial Truck and Tractor Operators | 6,235 | $32,200 | $16.84 | 2.36 |
Maintenance and Repair Workers, General | 5,789 | $35,903 | $18.22 | 0.97 |
Packers and Packagers, Hand | 5,329 | $24,097 | $12.62 | 1.88 |
Supervisors of Transportation and Material Moving Workers | 4,903 | $53,234 | $27.03 | 2.79 |
Transportation, Storage, and Distribution Managers | 1,114 | $85,365 | $43.80 | 2.17 |
Top Transportation and Warehousing Occupations Total | 106,472 |