The season is expected to be bolstered by three volume spikes, including Cyber Monday (30 November) and the first two Mondays in December, when the company expects to move more than double its average daily volume. Peak projections are included in FedEx earnings guidance for FY16.
In the Asia Pacific region, different ‘spikes’ are anticipated. One notable example is China’s ‘Singles’ Day’ on 11 November. 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.