FedEx expects boost from online holiday shopping

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Monday, October 22, 2012

FedEx expects to ship 280 million packages between Thanksgiving and Christmas, up 13% from a year ago.

The forecast, released Monday, comes against a background of lackluster growth in the global economy.

The Memphis, Tenn., expects Dec. 10 to be its busiest day with 19 million shipments, up 10 percent from 2011. FedEx Corp. said holiday shipments will be driven by sales of personal electronics, apparel, luxury goods and items from large internet retailers.

Read more at OregonLive.com.

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