Subscribe to our free, weekly email newsletter!


FedEx anticipates record holiday volumes

By Staff
October 25, 2011

December 12 looks to be a pretty busy day for FedEx. The transportation bellwether said this week it expects to move more than 17 million shipments through its global networks on that day.

If this type of activity occurs, it would represent roughly a ten percent gain over December 13, 2010, when the company moved 15.6 million shipments and it would mark the single busiest day in the company’s history since it began tracking this data in 2005.

Company officials said this gain will be driven by FedEx Smart Post, its “last mile” delivery service partnership with the United States Postal Service, which is primarily spurred by e-commerce, and expected volume increases for FedEx Ground and FedEx Home Delivery.

They added that between Thanksgiving and Christmas, the company is forecasting more than 260 million shipments to be moved through its global shipping networks, a 12 percent annual increase over last year, which hit roughly 232 million shipments.

“As e-commerce continues to grow and demand increases with more customers shopping and conducting their business online, FedEx SmartPost is poised to handle the increase in shipments,” said Frederick W. Smith, chairman, president and CEO of FedEx Corp., in a statement. “More than 290,000 FedEx team members also stand ready to deliver the holidays and enable commerce around the globe.”

Company officials also cited recent data from the National Retail Federation (NRF) which noted that holiday sales are expected to increase 2.8 percent during November and December to $465.6 billion, marking a higher increase than the 2.6 average over the last ten years.

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Straying from its typical seasonal trajectory, United States-bound waterborne shipments dipped from March to April, according to data recently issued by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

One theme tied together all of the presentations, regardless of the topic: The importance of data.

U.S. carloads were down 10 percent annually at 269,092, and intermodal volume saw a 4.9 percent annual gain to 280,107 containers and trailers.

The Chamber of Marine Commerce today joins governments, policymakers, industry and the general public in celebrating the nation’s merchant marine industry, but also urges reforms to ensure greater industrial competitiveness, jobs and prosperity.

Many companies are turning to Global Trade Management (GTM) as a viable solution to address the complexities associated with international trade. But how do you successfully build a business case for GTM software?

Article Topics

News · FedEx · Retail · Retail Sales · Parcel · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA