FedEx forecasts record holiday volumes

FedEx has announced that it is forecasting another record holiday season. The company expects to move more than 290m shipments between Black Friday 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 20m in volume.

December 15 is projected to be the busiest day in company history, with a forecasted 22.6m shipments moving around the world. Peak projections are included in FedEx earnings guidance for FY15.

Frederick Smith, Chief Executive Officer of FedEx Corp. said, “Our more than 300,000 dedicated team members around the world, combined with our continued investment in our powerful and flexible global networks, position FedEx to once again deliver outstanding customer service this holiday season.”


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