FedEx prepares for eCommerce boom

FedEx-Asia-Pacific

FedEx Asia Pacific is predicting a record breaking Singles Day in Asia this November 11.

“Due to the huge popularity of the occasion in recent years, China’s State Post Bureau anticipates that this year will see a maximum of 140 million packages being handled per day on the days immediately following Singles’ Day – an increase of 40 per cent compared to the same period last year,” said FedEx in a statement.

“The rise of eCommerce is particularly pronounced in our region, and this translates into ever-increasing volumes of shipments at this time of year,” said Karen Reddington, president, FedEx Express Asia Pacific.

“Our strategic investments, operational strength of our network, and more than 17,000 dedicated team members across the region – backed by more than 300,000 of their colleagues worldwide – are poised to deliver a holiday season to remember.”

Globally, FedEx is also expecting record volumes on the US’ Cyber Monday (November 30) and the first two Mondays in December, when the company expects to move more than double its average daily volume.

It expects a record-breaking 317 million shipments between Black Friday (November 27) and Christmas Eve – a 12.4 per cent increase over last year’s peak seasonal volume.

FedEx says it has added 7000 delivery vehicles to its fleet and added 30 aircraft to its fleet over the last year. Across its network 55,000 package handlers, drivers and other support positions have been added to help meet the peak demand.

FedEx Express is the world’s largest express transportation company, covering more than 220 countries and territories.

Source: insideretail.asia

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