FedEx Corp. expects to ship around 16 million packages on its busiest day this year, December 13.
The 16 million parcel prediction is the highest ever for a single day in the company's history and 11 percent higher than last year. FedEx Corp. Thursday said more than half of the increase is the result of its partnership with the United States Postal Service. The shipments are mostly for consumers who are ordering from online retailers during the holiday shopping season.
Last year, FedEx, which is based in Memphis, Tennessee, shipped 14.2 million packages on its busiest day. The company's biggest rival, UPS, has not made a prediction for this year's busiest day.
Peak projections from UPS and FedEx are watched closely because they indicate the state of the broader economy.
FedEx ships about 7.5 million packages on an average day.
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