FedEx Corporation Ranks No. 1 in the Top 50 Global Freight Carriers

By Jeff Wallace, Ph.D.

The trucking and freight newspaper, Transport Topics, in cooperation with SJ Consulting Group, recently released a ranking of the top 50 global freight carriers by revenue in 2016.  At the top of the list in first place is Memphis’ very own FedEx Corporation with Louisville, Kentucky based UPS a close second. Below is a table showing the top 10 on the list. In addition to FedEx, Memphis also benefits from local service and employment from No. 2 UPS, No. 5 Union Pacific Corporation, and No. 8 BNSF Railway.  According to the U.S. Bureau of Labor Statistics, in Shelby County, alone, there were nearly 53,000 persons employed in transportation and warehousing in 751 establishments 2015 (latest available data).

Source:  Transport Topics at www.ttnews.com/top50/globalfreight/ in cooperation with SJ Consulting Group.

Source:  Transport Topics at www.ttnews.com/top50/globalfreight/ in cooperation with SJ Consulting Group.