Posted: Nov 11, 2010 1:22 PM
Source: Associated Press
NEW YORK - FedEx expects to move nearly 16 million packages on its busiest day this year, Dec. 13.
The prediction is FedEx's highest ever for a single day and 11 percent higher than last year.
More than half the increase is from its partnership with the U.S. Postal Service, FedEx Corp. said Thursday.
Those shipments are mostly for consumers who are ordering from online retailers during the busy holiday shopping season.
Last year, the Memphis, Tenn. company shipped 14.2 million packages on its busiest day.
FedEx's larger rival, Atlanta-based UPS, hasn't yet made any predictions.
FedEx ships about 7.5 million packages on an average day.
Peak projections from UPS and FedEx are closely watched because they tend to indicate how the broader economy is doing.