FedEx Prepares for Record Volume
7.12.2012Company: FedEx Express Czech Republic s.r.o.
Around 19 million shipments in one day: FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), is gearing up for the day with the highest package volume in the company’s history. On Monday, December 10, 2012, around 19 million shipments are expected to pass through the global networks of FedEx Corp. – twice as many as on an average day. This means that the record high of 17.2 million shipments from the previous year will be significantly exceeded.
For transportation companies like FedEx, the weeks leading up to Christmas are traditionally the part of the year with the highest volume. According to forecasts, FedEx will handle more than 280 million shipments around the world between the last week of November and Christmas (2011: 260 million).
The growing number of online purchases and the associated shipping is increasing shipment volumes in general. In Europe alone, revenue from online trading rose by 20 percent to more than €300 billion in 2012, according to report from the European Multi-Channel and Online Trade Association (EMOTA). This makes Europe the world’s fastest-growing e-commerce market.
About FedEx Express
FedEx Express is the world's largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories worldwide. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee.
