Online Shopping Boosts FedEx Holiday Volume
OREANDA-NEWS. FedEx Corp. expects to see its busiest day in company history when it moves more than 22 million shipments around the world on Cyber Monday, December 2, 2013. The 11 percent year-over-year increase will be driven by online retailers feeding the FedEx Ground® and FedEx SmartPost® networks.
During the busiest week of the year, December 1 – 7, FedEx expects more than 85 million shipments to move through its global networks. This is a 13 percent increase compared to last year’s busiest week. In addition to e-commerce, retail inventory such as personal consumer electronics, apparel and luxury goods will drive this increase in FedEx holiday volumes.
E-commerce is thriving globally at three to four times the rate of traditional retail buying in brick and mortar stores. FedEx is responding to this continued boom in online purchasing with several new tools and solutions, such as:
* FedEx One RateSM, a U.S.-based flat rate shipping option that combines simplified, predictable pricing with the same reliable delivery and excellent service customers expect from FedEx.
* FedEx Delivery ManagerSM, a service which allows U.S. package recipients to customize home deliveries to fit their schedule.
FedEx expects to increase its workforce with tens of thousands of seasonal positions to help handle the surge in holiday shipments.
The impact of the expected higher volumes was included in the company’s earnings guidance issued in September.
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