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.
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 theNational 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.
[via MultiChannel Merchant]