Posted on Tue, Nov. 10, 2009
NEW YORK - FedEx is predicting a little more holiday cheer this year.
The company, based in Memphis, Tenn., forecasts that it will ship 13 million packages on Dec. 14, which it expects to be its busiest day this year.
It shipped about 12 million packages on its peak day last year. FedEx bases its predictions on discussions with large customers and improving economic data.
FedEx ships an average of about 7.5 million packages a day.
Both FedEx and UPS generally release their holiday peak predictions in November. But neither company offered predictions last year, citing economic uncertainty.
UPS expects to release a prediction later this month.
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