FedEx projects record-breaking day

By Freddie Pierce
FedEx expects to move more than 17 million shipments – almost double its daily average volume – through its global networks on Dec. 12, the...

FedEx expects to move more than 17 million shipments – almost double its daily average volume – through its global networks on Dec. 12, the projected busiest day in company history.

Between Thanksgiving in the U.S. and Christmas, FedEx forecasts more than 260 million shipments will move through its worldwide shipping networks.  This is a 12 percent increase for the holiday season over last year when 232 million shipments were processed.

E-commerceis playing a crucial role in generating this seasonal growth and in overall global trade in general. And China is now the world’s second largest online retail market after the U.S. In 2010, China registered $80.7 billion online sales, doubling sales in 2009.

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Retail inventory such as apparel, personal consumer electronics and luxury goods as well as books and other items from large internet retailers will account for a large portion of FedEx holiday volumes.

FedEx Volumes Over the Years

·         Dec. 12, 2005 – 9.8 million shipments

·         Dec. 18, 2006 – 10.6 million shipments

·         Dec. 17, 2007 – 11.5 million shipments

·         Dec. 15, 2008 – 12.0 million shipments

·         Dec. 14, 2009 – 14.2 million shipments

·         Dec. 13, 2010 – 15.6 million shipments

FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories.

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Edited by Kevin Scarpati

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