Online Shopping Boosts FedEx Holiday Volume
Cyber Monday Expected to be Busiest Day in FedEx History
MISSISSAUGA, ONTARIO -- (Marketwired) -- 10/23/13 -- FedEx Corp.
(NYSE:FDX) expects to see its busiest day in company history when it
moves more than 22 million shipments around the world on December 2.
The 11 percent year-over-year increase will be driven primarily by
During the busiest week of the year, December 1 - 7, FedEx expects
more than 85 million shipments to move through its global networks.
This is a 13 percent increase compared to last year's busiest week.
Retail inventory such as personal consumer electronics, apparel, and
luxury goods will drive this increase in FedEx holiday volumes.
"Consumers, both in Canada and around the world, are turning to
e-commerce solutions for their holiday shopping unlike ever before,"
said Lisa Lisson, president of FedEx Express Canada. "FedEx Express
Canada's employees are ready and eager to help deliver another
successful and stress-free holiday shopping season for Canadians."
E-commerce is thriving globally at three to four times the rate of
traditional retail buying in brick-and-mortar stores. FedEx is
prepared for this continued boom in online purchasing with a broad
suite of shipping solutions designed for customer convenience,
especially during the holidays, including:
-- FedEx Priority Overnight(R) and FedEx First Overnight(R), offering next
business day morning delivery to most metropolitan areas of Canada,
right up to December 24th.
-- FedEx International Priority(R) and FedEx International First(R), with
morning next business day delivery to select cities in the USA, second
day morning delivery to most cities in Europe and Latin America, and
third day morning delivery to most cities in Asia.
-- FedEx Express delivery on Saturdays to most major cities in Canada and
to select international points.
-- FedEx Hold at Location through FedEx Express and FedEx Office locations
- allows customers to better control their delivery options, minimizing
missed deliveries and returns.
The unparalleled FedEx global network, offers time-definite delivery
to more than 220 countries and territories that comprise more than 90
percent of the world's GDP within on
e to three days.
The impact of the expected higher volumes was included in the
company's earnings guidance issued in September.
FedEx takes the worry out your holiday shipping with various tools
such as online tracking options, packaging services, and a diverse
range of custom delivery arrangements;
Visit www.fedex.ca to learn how FedEx can serve you this holiday
FedEx Volume Over the Years
FedEx has experienced steady growth in holiday volumes over the
years. A breakdown of the busiest days since 2007 follows:
-- Dec. 17, 2007 - 11.5 million shipments
-- Dec. 15, 2008 - 12 million shipments
-- Dec. 14, 2009 - 14.2 million shipments
-- Dec. 13, 2010 - 15.6 million shipments
-- Dec. 12, 2011 - 17.2 million shipments
-- Dec. 10, 2012 - 19.9 million shipments
About FedEx Corp.
FedEx Corp. (NYSE:FDX) provides customers and businesses worldwide
with a broad portfolio of transportation, e-commerce and business
services. With annual revenues of $45 billion, the company offers
integrated business applications through operating companies
competing collectively and managed collaboratively, under the
respected FedEx brand. Consistently ranked among the world's most
admired and trusted employers, FedEx inspires its more than 300,000
team members to remain "absolutely, positively" focused on safety,
the highest ethical and professional standards and the needs of their
customers and communities. For more information, visit
Certain statements in this press release may be considered
"forward-looking" statements within the meaning of the Private
Securities Litigation Reform Act of 1995 with respect to future
events and financial performance. These forward-looking statements
involve risks and uncertainties. Actual results may differ materially
from those contemplated (expressed or implied) by such
forward-looking statements, because of, among other things, economic
conditions in the global markets in which we operate, the impact of
any international conflicts or terrorist activities, disruptions to
the Internet or our technology infrastructure, the impact of changes
in fuel prices and foreign currency exchange rates and adverse
weather conditions or natural disasters, as well as the other risks
and uncertainties you can find in FedEx's and its subsidiaries' press
releases and SEC filings, including the risk factors in FedEx's most
recent annual report on Form 10-K, as updated by FedEx's quarterly
reports on Form 10-Q.
FedEx Express Canada
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