FedEx Predicts Record Holiday Volume
The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million shipments in volume.
FedEx Corp. is forecasting another record holiday. The parcel and trucking company expects to move more than 290 million shipments between Black Friday, the day after Thanksgiving, and Christmas Eve, an 8.8% increase in overall year-over-year peak seasonal volume.
The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million shipments in volume.
Dec.15 is projected to be the busiest day in company history, with a forecasted 22.6 million shipments moving around the world.
FedEx said has taken several measures to prepare for the busy peak season, following some service meltdowns by package delivery companies last year that caused them to miss promised Christmas Eve delivery deadlines.
The company is adding more than 50,000 seasonal positions across its operating companies, including package handlers, helpers, drivers and other support positions.
FedEx said it has experienced steady growth in holiday volumes over the years with its busiest day in 2007 happening on Dec. 17 when it handled 11.5 million shipments in a single day, increasing to 22 million shipments handled on Dec. 13 of 2013, its busiest day last year.
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