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FedEx Expects Record Peak Holiday Volume

2014-10-22 18:28:53| Trucking - Topix.net

Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. The Memphis-based company said it looks to move more than 290 million packages between Black Friday, the day after the U.S. Thanksgiving holiday that kicks off the holiday shopping season, and Christmas Eve. With the rise of e-commerce, FedEx's annual peak has nearly doubled since 2007, when it moved 11.5 million packages on Dec. 17. Last year a later-than-usual surge before the holidays left an estimated 2 million packages stranded on Christmas Eve, a problem that affected Atlanta-based United Parcel Service Inc far more than FedEx.

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