FedEx preps up for peak season

- A Monitor Report01 Dec, 2019 | 800 Views|-+
Memphis : FedEx said that it expects to kick start this year's peak holiday shipping season by handling record package volumes on Cyber Monday (Decem-ber 2).

It expects to move more than 33 million packages through its global network on that day alone.

The global integrator also expects to more than double its average daily package volume on the two Mondays that follow.

The spikes on Mondays are attributed to weekend online shopping, resulting in orders hitting retailers' shipping cycles early in the week, and driving strong demand for residential delivery, FedEx explains.

Brie Carere, Executive Vice President, Chief Marketing and Communications Officer, FedEx Corp said, "E-commerce continues to grow and FedEx is ready to deliver this holiday and beyond."

"We recognised early on that e-commerce would transform the way our customers shop and ship, and we have invested in a world-class network that flexes to meet volume demands throughout the year," Carere added.

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