The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million shipments in volume.
by Staff
October 23, 2014
1 min to read
FedEx Corp. is forecasting another record holiday. The parcel and trucking company expects to move more than 290 million shipments between Black Friday, the day after Thanksgiving, and Christmas Eve, an 8.8% increase in overall year-over-year peak seasonal volume.
Ad Loading...
The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million shipments in volume.
Ad Loading...
Dec.15 is projected to be the busiest day in company history, with a forecasted 22.6 million shipments moving around the world.
FedEx said has taken several measures to prepare for the busy peak season, following some service meltdowns by package delivery companies last year that caused them to miss promised Christmas Eve delivery deadlines.
The company is adding more than 50,000 seasonal positions across its operating companies, including package handlers, helpers, drivers and other support positions.
FedEx said it has experienced steady growth in holiday volumes over the years with its busiest day in 2007 happening on Dec. 17 when it handled 11.5 million shipments in a single day, increasing to 22 million shipments handled on Dec. 13 of 2013, its busiest day last year.
ACT Research data shows volumes hitting a four-year high and supply-demand balance strengthening, but higher oil prices are undercutting tariff relief and tempering optimism.
The patent-pending cargo solution integrates a digitally connected cargo door and an intelligent locking system with the TrailerHawk.AI technology platform.
Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.
More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.
HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.
Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.
NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.