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Memphis industry updates for trucking, labor, and manufacturing

Orange Commercial Credit works with trucking, staffing,
and manufacturing companies in the Memphis area.

This page has local industry information for these sectors.

It is also a support page for businesses comparing invoice factoring options in Memphis.

Memphis Industry Information

The summaries are based on publicly available information from the sources named under each section. They are not comprehensive and may not reflect the latest developments.

For the latest details, check the original sources directly.

Memphis Trucking

The Memphis MPO says the region sits at the crossroads of major north-south and east-west corridors, with five Class I railroads, a strong interstate network, one of the nation’s largest inland ports, and the FedEx World Hub at Memphis International Airport.

The 2025 Mid-South Freight Report says MEM handled more than 3.7 million metric tons of air cargo in 2024 and has led North America in cargo throughput since 1992.

The same report says Memphis’s location allows trucks to reach 40% of the U.S. population overnight.

The report also says rail freight from Memphis can reach 45 states, Canada, and Mexico within 48 hours.

For Memphis carriers working FedEx freight, I-40, I-55, rail yards, inland-port cargo, and airport freight, fuel drafts, driver pay, insurance, and repair bills can still come due before the customer pays the invoice.

Source: Memphis Urban Area Metropolitan Planning Organization

Source date: 2025 Mid-South Freight Report

Link: 2025 Mid-South Freight Report

Memphis Labor

BLS reported Memphis, TN-MS-AR nonfarm payroll employment at 648,800 in February 2026, preliminary and not seasonally adjusted.

Trade, transportation, and utilities employment reached 187,700 in February 2026.

Education and health services employment reached 103,600 in February 2026.

Memphis International Airport’s 2024 Economic Impact Study says MEM supported 67,550 jobs and $10.7 billion in economic output.

For Memphis staffing firms serving logistics, healthcare, airport operations, warehouse, and business-service customers, more shifts can mean more payroll, taxes, benefits, and timecard billing before the customer pays the invoice.

Source: U.S. Bureau of Labor Statistics; Memphis International Airport

Source date: February 2026 preliminary BLS Memphis metro data, extracted April 22, 2026; 2024 MEM Economic Impact Study

Links: BLS Memphis Economy at a Glance | MEM Economic Impact Study 2024

Memphis Manufacturing

BLS reported Memphis, TN-MS-AR manufacturing employment at 38,500 in February 2026, preliminary and not seasonally adjusted.

The Greater Memphis Chamber said advanced manufacturing gross regional product reached $12 billion in 2022.

The same Chamber report said 1,108 advanced manufacturers employed 43,356 people in the region in 2022.

In March 2026, the Greater Memphis Chamber said Morgan Steel would create 119 new jobs and invest $11.7 million through a Shelby County expansion.

For Memphis manufacturers tied to steel, advanced manufacturing, airport freight, rail access, and inland-port customers, materials, outside shop work, payroll, packaging, and delivery costs can come due before the customer pays the invoice.

Source: U.S. Bureau of Labor Statistics; Greater Memphis Chamber

Source date: February 2026 preliminary BLS metro data, extracted April 22, 2026; February 16, 2023; March 24, 2026

Links: BLS Memphis Economy at a Glance | Greater Memphis advanced manufacturing report | Morgan Steel expands Memphis headquarters

When Memphis Businesses Finish the Work Before the Customer Pays

Memphis freight, staffing, and manufacturing companies can have the same problem in different ways: the work is done, the invoice is out, and the customer is still paying on terms.

If those terms are stretching payroll, fuel, repairs, materials, or weekly staffing costs, you can compare invoice factoring options before you decide.

See how customer review, invoice review, paperwork, advance, reserve, fee, and funding timing work on our Memphis invoice factoring page.