SUPPLY CHAIN + LOGISTICS

Leading the Logistics Industry

With a world-class global logistics network and an integrated transportation infrastructure, Memphis is the leader in taking your products to market.

Supply Chain and Logistics in Memphis

Get a snapshot of Memphis's transportation, distribution, and logistics sector.

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Supply Chain & Logistics

BY THE NUMBERS

119

Transportation/Material Moving Occupations

#1

Busiest Cargo Airport in North America

75

United States Population Within a Two-Day Drive

No One Moves Your Business Like Memphis

Between our central location and our integrated transportation system of road infrastructure, rail mainlines, river ports, and the number one busiest cargo airport in North America, no wonder businesses in the transportation, distribution and logistics industry choose Memphis again and again. Plus, we offer superior operational value and flexibility with a specialization in the ability to take products to market and move raw materials.

Home to the world headquarters and world hub of FedEx and major UPS, DHL and U.S. Postal operations, Memphis provides hassle-free access and the most cost-effective distribution and logistics services in the nation. The FedEx World Hub in Memphis is the centerpiece of the distribution and delivery operations across the globe.

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, Memphis offers reliable and cost-effective solutions to grow bottom-line revenues and improve supply chain management systems.

Industry Presence

Industry Description2017 Jobs2022 Jobs2027 JobsJob Growth 2017 to 2022 (%)Projected Job Growth 2022 to 2027 (%)2022 Location Quotient
Couriers and Express Delivery Services29,00832,857 34,56813%5%8.47
General Warehousing and Storage12,214 25,56030,566109%20%3.59
General Freight Trucking, Long-Distance11,86211,23310,757-5%-4%3.34
Footwear Merchant Wholesalers2,6263,8364,79346%25%38.70
Freight Transportation Arrangement3,2803,6603,85112%5%3.35
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers1,9542,1332,2009% 3% 1.77
Motor Vehicle Supplies and New Parts Merchant Wholesalers2,0132,1062,2545%7%2.88
Drugs and Druggists' Sundries Merchant Wholesalers2,3612,0841,884-12% -10% 2.00
General Line Grocery Merchant Wholesalers1,9891,8311,726-8% -6%1.78
Industrial Machinery and Equipment Merchant Wholesalers 1,6461,6521,6670%1% 1.25
Top Ten: Supply & Logistics68,95586,95194,26617%5%
Greater Memphis MSA Total102,280119,002126,88316%7%
Industry Description2017 Jobs2022 Jobs2027 JobsJob Growth 2017 to 2022 (%)Projected Job Growth 2022 to 2027 (%)2022 Location Quotient


Shown in the table above, 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.

Note: Above industries reflect 5-digit NAICS industries within the Memphis TN-MS-AR Metropolitan Area. Employment estimates derived from Lightcast, Q1 2023

Location Quotient: Measured against the Nation, location quotients (LQ) are a useful way of quantifying how concentrated a particular industry, cluster, or occupation is in a region as compared to a larger geographic area. An LQ of 1 is equally concentrated within both areas. An LQ of 1.5 indicates that the smaller geographic region is 50% more concentrated regionally, and an LQ of 2 indicates the geographic region is twice as concentrated regionally. An LQ of 0.5 indicates the smaller geographic region is 50% less concentrated against the larger geographic area.

Workforce Presence

Occupation Description 2022 Jobs Median Annual Earnings Avg. Hourly Earnings2022 Location Quotient
Laborers and Freight, Stock, and Material Movers, Hand 22,339$31,275 $16.112.54
Heavy and Tractor-Trailer Truck Drivers 13,525$48,369$24.691.82
Light Truck Drivers10,700$42,897$21.842.70
Stockers and Order Fillers7,852$31,179 $15.87 1.54
Industrial Truck and Tractor Operators5,700$37,907 $18.392.09
First-Line Supervisors of Transportation and Material Moving Workers4,240$58,134$29.782.39
Shipping, Receiving, and Inventory Clerks3,621$37,691$18.771.79
Packers and Packagers, Hand2,563 $29,072$14.262.81
Aircraft Mechanics and Service Technicians2,554$75,078$31.385.33
General and Operations Managers2,526$99,247$57.740.89
Top Supply Chain & Logistics Occupations Total75,620
Occupation Description 2022 Jobs Median Annual Earnings Avg. Hourly Earnings2022 Location Quotient


Note: Above occupations reflect Standard Occupational Classifications (SOC codes) within the Memphis TN-MS-AR Metropolitan Area. Estimates derived from Lightcast, Q1 2023 dataset QCEW Employment.

Location Quotient: Measured against the Nation, location quotients (LQ) are a useful way of quantifying how concentrated a particular industry, cluster, or occupation is in a region as compared to a larger geographic area. An LQ of 1 is equally concentrated within both areas. An LQ of 1.5 indicates that the smaller geographic region is 50% more concentrated regionally, and an LQ of 2 indicates the geographic region is twice as concentrated regionally. An LQ of 0.5 indicates the smaller geographic region is 50% less concentrated against the larger geographic area.

Successful Memphis Brands

Meet the brands who are making big strides in their business and taking advantage of Memphis's innovation, talent and strategic location.

Success Stories

Success Stories

Why Industries Thrive Here

Between Tennessee's business-friendly environment and Memphis's strategic location, exceptional talent and history of innovation, doing business here is a brilliant move.

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COMPANIES MAKING MOVES IN MEMPHIS

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