FedEx Forecasts Record Holiday Volume

FedEx Corp. (NYSE: FDX) is forecasting another record holiday.

The company expects to move more than 290 million shipments between Black Friday and Christmas Eve, an 8.8 percent increase in overall year-over-year Peak seasonal volume.

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 in volume.

Dec. 15 is projected to be the busiest day in company history, with a forecasted 22.6 million shipments moving around the world. Peak projections are included in FedEx earnings guidance for FY15.

Category: Featured, General Update