July 18, 2022 12:49pm
Greater Louisville earns top spot as national logistics hub
Region ranks third in Business Facilities Magazine’s global and metro ‘Logistics Leader’ category
Louisville, Ky. (July 18, 2022) – For the second year in a row, Business Facilities Magazine named the Louisville MSA third in its Top 10 list of global and metro logistics hubs. This comes off a record year of growth and investment in both the manufacturing and logistics sectors throughout the Greater Louisville region.
For 18 years, the national publication ranks top regions in a variety of industries and sizes. BF’s ‘Logistics Leaders’ ranking measures all forms of transportation logistics, including shipping by air, rail, water and highway. BF is the leading source of intelligence on corporate expansion and relocation since 1968, covering the full range of the experience, from “how-to” information on comparing the financial incentives offered by different communities around the world, to profiles of the latest relocations undertaken by major corporations.
“From record economic investment over the past 12 months to being ranked in the top three for national logistics hubs, our regional economy is thriving and people around the country are taking notice,” said Sarah Davasher-Wisdom, president and CEO of Greater Louisville Inc. “Greater Louisville is a natural hub for logistics. Aside from our central location and strong infrastructure, UPS Worldport provides unparalleled support and limitless potential for our region’s growth in the logistics sector.
Since 2016, the Greater Louisville region announced 66 new expansion or attraction projects in the logistics and distribution industry totaling over 8,600 jobs. Logistics industry employment in the region grew by 27.2 percent since 2016 and despite the pandemic grew by 11.2 percent from 2019 to 2021.
“This distinction is a testament to the strength of the Greater Louisville Regional Partnership and our ability to work across county lines to carve out a competitive advantage in a forward-thinking industry.,” said Ben Pratt, GLI’s senior vice president and chief of regional economic growth. “I am excited to continue collaborating and leveraging our strengths in logistics to support other fast-growing industry clusters in our region like life sciences and electric vehicle manufacturing.”
The full rankings can be viewed here.