24-Oct-2013 10:27 AM

FedEx expects 85 million shipments in first week of Dec-2013

FedEx announced (23-Oct-2013) it expects to move more than 22 million shipments on 02-Dec-2013, an increase of 11% year-on-year. The company expects to handle more than 85 million shipments between 01-Dec-2013 and 07-Dec-2013, an increase of 13% year-on-year. The increase is expected to be driven by online retailers, consumer electronics, apparel and luxury goods. [more - original PR]