International Port of Memphis Economic Impact

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INTERNATIONAL PORT OF MEMPHIS ECONOMIC IMPACT The Port of Memphis is the second largest Waterborne operations within the Port of inland port on the Mississippi River, and fifth Memphis handled 12.2 million short tons in largest inland port overall. It consists of three 2016. The value of products handled through separate slack water harbors: Pidgeon Industrial the Port of Memphis has increased significantly Harbor and McKellar Lake Harbor just south of over the past decade as more manufacturing downtown Memphis and Wolf River Harbor in the operations use the Port for transporting finished northern part of the city. Port properties include components. two major industrial parks, Pidgeon Industrial Park and President’s Island. The overall economic impact Economic Impact Port of Memphis of the Port of Memphis and and Port-Related Operations 2018 the business entities operating within its jurisdiction is $9.27 Annual Impact from Operations Total from All Entities billion annually. Total Operations included in Analysis 127 This figure is the value of all Economic Impact from Operations $9,266,747,152 goods and services produced within the Shelby County Direct Employment 9,128 economy as a result of the Port Indirect Employment 13,337 and its related operations. This Total Direct & Indirect Employment 22,465 does not include the one-time impact of capital investments made by port-related entities Total City/County Tax Revenues $44,553,693 each year. 1115 RIVERSIDE BLVD. | MEMPHIS, TENNESSEE 38106-2504 PHONE: 901-948-4422 | FAX: 901-775-9819 PortOfMemphis.com Annual Economic Impact: $9.27 Billion 2 Port of Memphis Statistics • 173 industrial locations 1 • 54 harbor access facilities • Top 5 in river tonnage transport • 13,220 rail car movements 5 • 15,500 industrial acres Railroad INtermodal/Yards Legend 4 1 Union Pacific 2 BNSF Railway 3 Railroad 6 3 CN Railway/CSX 7 4 CN Railway Highways 5 Norfolk Southern Harbors 6 BNSF Railway Port Properties 7 Norfolk Southern FedEx/Memphis InternationAL Airport Railroad Intermodals/yards Five Class I rail Port of Memphis Strategic Location systems serve Memphis: BN, CN, CSX, NS and UP. A rail to truck intermodal terminal is located in Frank Pidgeon Industrial Park within the Port of Memphis. $500M - $3B The only petroleum refinery in $3B - $8B Tennessee is located at the $8B - $12B Port of Memphis. Pipelines and storage facilities Inbound and Outbound Freight Movement between supply fuel to major Memphis and Megaregions by Value regional industries Source: Greater Memphis Regional Freight Plan, Memphis Urban Area and to the Memphis Metropolitan Planning Organization International Airport. Located approximately Unique North American confluence of north-south and east-west 10 miles away, the facilities airport is the global hub for • 2 Interstate Highways (I-55 & I-40) FedEx. • 5 Class 1 Rail Lines • Mississippi River & Inland Waterways • Memphis International Airport/FedEx Headquarters & Global Hub PortOfMemphis.com • Energy Pipelines.

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