FedEx Corp predicts
it will move a record-breaking 317 million shipments globally between
Black Friday (November 27) and Christmas Eve (December 24). This
forecast marks a 12.4 percent increase in year-over-year seasonal
volume.The season is
expected to be bolstered by three volume spikes, including Cyber Monday
(November 30) and the first two Mondays in December, in which the
company expects to move more than double its average daily volume.
“FedEx
expects to see a record number of shipments move through our global
network between Black Friday and Christmas Eve,” said Frederick W.
Smith, CEO of FedEx Corp. “The shift in consumer shopping patterns,
fueled by the rise of e-commerce, continues to drive our volume. Our
strategic investments, unmatched flexible global network, and more than
325,000 dedicated team members around the world are ready to help the
holidays arrive again this year.”
The
National Retail Federation (USA) expects sales in November and December
to grow 3.7 percent to $630.5 billion. The NRF also predicts
e-commerce sales will continue to grow at a faster rate than
brick-and-mortar sales, rising between 6 and 8 percent to as much as
$105 billion
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