FedEx Predicting a 13% Increase in Holiday Shipping

Oct 23, 2012 2:25 AM  By

FedEx said it expects to see a 13% increase compared to last year’s holiday season due to an explosive amount of sales predicted this year, according to a press release.

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“For the overall holiday season between Thanksgiving and Christmas, FedEx forecasts more than 280 million shipments to move through its worldwide shipping networks,” the press release said.

FedEx said that the increase in shipping volume will be based on “retail-driven” items such as electronics, apparel, and luxury goods. FedEx’s forecast is consistent with the National Retail Federation earlier prediction that holiday sales will rise by 4.1%.

The shipping company also said it plans to increase its holiday employees by 20,000 this year to help handle the rush in holiday shipments at FedEx Ground, FedEx Home Delivery and FedEx SmartPost.