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12/11/2012 12:00:00 PM Write a Letter to the Editor Write a letter to the Editor

Holiday Shipping Projected to Increase

UPS Inc.

FedEx Corp., UPS Inc. and the U.S. Postal Service are all projecting higher holiday package-shipping rates than a year ago, the Los Angeles Times reported Tuesday.

Shoppers will spend about $586.1 billion during this year’s holiday season, a 4.1% increase over last year, according to the National Retail Federation, the newspaper said.

FedEx estimated that as of Monday afternoon it had shipped 19 million packages, up 10% from its busiest day last year.

The company predicted it would deliver a record 280 million parcels worldwide from Thanksgiving to Christmas, assisted by 20,000 seasonal hires, the Times reported.

UPS Inc. expects its holiday shipping to increase 10% this year to 527 million packages and plans to deliver 28 million packages Dec. 20, its projected busiest day. 

The U.S. Postal Service is projecting a 20% increase in its package volume from Thanksgiving through Christmas. The USPS estimates it will process 658 million letters and parcels on its projected peak day next Monday, the Times reported.

By Transport Topics

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