FedEx primed for record peak season

FedEx is gearing for a record number of packages to be shipped through its global network over this year’s peak season.

In a statement issued yesterday (20 November), the company said that it expects to handle between 380m and 400m packages over the season, which officially starts on 24 November and runs to Christmas Eve (24 December).

FedEx maintained that the growth of cross-border e-commerce is turning the peak shipping season into “a truly global phenomenon”.

The company added: “Cross-border shopping will make up 20% of e-commerce sales by 2022, led by Asia Pacific which will be the largest cross-border e-commerce region for both imports and exports.”