FedEx CEO Sees Another ‘Record Peak Holiday’ for E-Commerce Shipments
FedEx is “deep into planning” for what it expects will be “another record peak holiday shipping season” for e-commerce packages, CEO Frederick Smith said on an earnings call. “Last year, we experienced 15 percent growth in peak season volume and…
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delivered more than 325 million packages.” FedEx will dedicate six temporary facilities to oversized packages for peak holiday demand, said FedEx Ground CEO Henry Maier in Q&A on Tuesday's call.