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FedEx (FDX) Preps for Record Holiday Shipments; Volume Up 10% Y/Y

December 7, 2012 9:12 AM EST Send to a Friend
FedEx team members are preparing for a record-breaking day at FedEx Corp. (NYSE: FDX) on Monday, December 10, when 19 million packages are expected to move through the FedEx networks on what is projected to be the busiest day in company history. The 300,000 FedEx team members and approximately 20,000 seasonal personnel will have their hands full on “Busiest Day,” supporting systems that will process more than 200 packages per second.

Increased e-commerce spending is directly contributing to record holiday FedEx volumes and a 10 percent year-over-year increase in volume from 2011. The majority of these shipments will enter the FedEx Ground and FedEx SmartPost networks. FedEx SmartPost works with online retailers and cataloguers—businesses that traditionally see increased sales during the holiday season—to ship high volumes of lighter shipments to residential customers.

In fact, online holiday sales are forecasted to climb 17 percent compared to last year, according to eMarketer. Monday, December 10, will also serve as “Green Monday,” a term coined by eBay to describe the best sales day in December and traditional kick-off to the heaviest online shopping week of the year. According to comScore, in 2011 U.S. consumers spent $1.1 billion on Green Monday alone.

Last-minute gift-givers still have plenty of time to ensure their gifts arrive on time. Though the deadline for pre-Christmas delivery via FedEx Ground is December 17, last-minute shippers still have options. More than 82 percent of all packages shipped via FedEx Ground are delivered in three business days or less. Plus, procrastinators have until Saturday, December 22 to ship items via FedEx Express for delivery in the continental U.S. on December 24.




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