FedEx, UPS Say Holiday Shipments On Track

FedEx reported Tuesday it is on track in terms of holiday shipments, and UPS reported it has been able to keep up after a hiccup following a larger-than-expected volume surge after Cyber Week.

“We are on track for another record holiday-shipping season, and customer-service levels have been outstanding,” FedEx Chairman and CEO Fred Smith told investors during an earnings call. “We plan year around to meet the intense challenges of the peak season as average daily volumes can more than double.”

Satish Jindel, founder and president of ShipMatrix, said orders placed on time should reach their destination. “There should be no concern about packages not getting there by Christmas Eve,” Jindel told the Associated Press.

UPS is projecting total holiday shipments of 750 million parcels, up from 712 million in 2016; FedEx did not provide a projection.

You can read the entire account here.

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