[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Leaks Show Maricopa AudiT Will Deliver ... We MUST Begin FighTing --- The Cover-Up - Propaganda - Lies.

Covering Biden -- or Just Covering for Him?

The Media Didn’t ‘Get It Wrong’ On Lafayette Park, They Lied To America — And They’re Still Lying

How This All Ends

Omar Is Forced To Clarify After Democrats Say She Equated U.S., Israel With Terrorists

Facebook and More Media Trump Lies


Republican victories in South Texas prove once again that demographics aren't everything

Congress Must Keep Liberty’s Flame Alive

Progressives get vicious with Joe Manchin because he has principles

The Science Suggests a Wuhan Lab Leak

Because They Got Away with Russiagate

How China turned a prize-winning iPhone hack against the Uyghurs

Obama Predicts Major Discovery Could Spark 'New Religions'

Facebook suspends Trump's accounts for 2 years, citing public safety risk

Conservatives more susceptible to believing falsehoods

Joe Biden has his MAGA: Make America Goofy Again

They Lied, People Died: Media and Dems' Deadly Wuhan Narrative

Dreams of a new #NeverTrump political party? Good luck with that.

DeSantis signs transgender sports ban on first day of LGBTQ Pride Month

An Evangelical Battle of the Generations: To Embrace Trump or Not?

Paul Ryan’s Impotent Appeal

Trump's back. Here's what his re-entry means for 2024.

Texas Gov. Abbott to veto funding for state legislature amid spat over election bill

Fox’s Lone-Wolf Liberal Had a Tough Job. But It Made for Better TV.

3 Ways We Can Pray for Our Nation

Stop China From Getting a Civilization-Killing Pathogen | Opinion

House Republicans Introduce ‘Stars and Stripes’ Bill to Ban Flying ‘Political,’ BLM Flags at U.S. Embassies

Vice President Kamala Harris under fire for 'disrespectful' tweet

3 Ways We Can Pray for Our Nation

As pandemic wanes, Florida’s DeSantis seizes national stage

Memorial Day Prayer Honoring Those Who Have Sacrificed Their Lives

2021 National Memorial Day Concert

Dems who ignore rising crime will pay a severe ballot-box price

BOMBSHELL! Fauci in 2012 wrote that “gain of function” research to juice up bat viruses was worth risking a pandemic: “the benefits of such experiments and the resulting knowledge outweigh the risks. It is more likely that a pandemic would occur in n

Enough of FauciÂ’s lies!: Devine

Biden shut down Wuhan inquiry out of spite — and is now forced to reverse course

BREAKING: USPS Worker Admits To Dumping Election Ballots In New Jersey Dumpsters

Judge Orders Gov. Newson to Pay $1.35 Million for Discriminatory Church Lockdowns

Surging crime rate spells trouble for Democrats in 2022 elections

Why May 8 Was a Very Bad Day for Virginia Democrats

Digital Audit of ALL Absentee Ballots in Corrupt Fulton County Ordered by Judge . . .

BREAKING: ‘Significant Discrepancies’ Discovered In Arizona Audit, Ballots Off Up to 17.5%, ‘Likely Joe Biden Did Not Win’

Americans are tired of the left's lie that U.S. is systemically racist

Here’s the truth: Hamas is a terrorist group on a mission of genocide

Biden must let Bibi fight his way: Goodwin

Biden Is Off to a Disastrous Start

I do believe ThaT iT is wiThin The realm of possibiliTy ThaT Biden could win a presidenTial elecTion ... iT would Take place during a severe weaTher evenT --- hеll freezing over.

New Data Finds Majority Of Trump’s 2020 Voters Were Women and Minorities

Why Republicans believe they're right to oust Liz Cheney

Status: Not Logged In; Sign In

See other Business Articles

Title: Fedex To Add 20,000 Seasonal Workers, Sees Shipping Up 13 Pct
Source: Reuters
URL Source: http://www.reuters.com/article/2012 ... dayhires-idUSL1E8KP8NI20121022
Published: Oct 22, 2012
Author: Reuters
Post Date: 2012-10-22 11:51:26 by Brian S
Keywords: None
Views: 1664
Comments: 3

(Reuters) - FedEx Corp said on Monday it plans to hire 20,000 seasonal workers, the same as last year, to handle holiday shipping volume that it expects will be up more than 13 percent.

An ongoing increase in e-commerce and last-minute orders amid a slow-growing economy will mean more deliveries for companies like FedEx that can handle fast shipments.

FedEx, which is closely watched as an indicator of consumer demand and economic health, anticipates handling more than 280 million shipments during the holiday season between Thanksgiving and Christmas.

The company said the impact of an increase in holiday shipments was included in its fiscal 2013 earnings outlook.

For the second time this year, FedEx cut its forecast for global growth in 2013, citing slower growth in China, recession in some European economies and high energy prices.

FedEx can add the same number of seasonal workers as last year because it has been hiring staff throughout 2012, especially at the Ground and SmartPost divisions that will handle the bulk of the holiday volume, said T. Michael Glenn, executive vice president of market development and corporate communications.

Dec. 10 is expected to be its busiest day ever with some 19 million shipments - a 10 percent increase from last year. E-commerce will drive the shipping volume on so-called "Green Monday," which falls on the second Monday of December and kicks off the heaviest online shipping week of the year.

As more shoppers buy their holiday gifts on the Internet or via mobile phone, it means higher shipping volume for FedEx and United Parcel Service - both of which have delivery contracts with most of the biggest Internet retailers.

Delivery volumes for FedEx's busiest day of the year have consistently grown, and will be nearly double the 9.8 million shipments it handled in 2005.

U.S. retail sales are expected to rise 4.1 percent this holiday season, though a slower pace than in prior years, according to the National Retail Federation.

Online holiday sales, excluding travel, are expected to increase 16.8 percent from last year to as much as $54.5 billion, FedEx said, citing eMarketer data.

"We always see a significant push for last-minute orders, and a lot of it has to do with procrastination, which for FedEx is a good thing during the holiday season," Glenn said in an interview.

Global economic weakening and concerns about expiring tax cuts in the United States could keep many consumers on the hunt for discounts and waiting until the last minute to order holiday gifts.

Retailers are keeping inventory fairly lean, so a jump in orders beyond expectations could boost demand for the quick deliveries that FedEx and United Parcel Service provide.

"Clearly businesses are waiting to see what happens with the election, the fiscal cliff and the election's impact on other policy decisions that may affect energy prices," Glenn said.

FedEx said 82 percent of its ground deliveries are shipped in three business days or less, 61 percent are delivered in 2 business days or less, and 24 percent are delivered the next business day.

Large chain stores including Toys R us [TOY.UL}, Kohl's Corp , Wal-Mart Stores Inc and Macy's Inc have announced plans to add more holiday workers this year, based on the view that consumers will spend modestly more than last year as the economy mends gradually.

"There are a lot of high-tech products out there and people are saving money in other places to spend on these goods," Glenn said. "We certainly are expecting a strong peak season for FedEx."

UPS, the largest package delivery company, could give insight into its seasonal hiring plans when it reports quarterly results on Tuesday.

UPS added about 55,000 workers for the holidays last year, 10 percent more than it hired in 2010. Subscribe to *Obamanomics On Parade*

Post Comment   Private Reply   Ignore Thread  

TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Brian S (#0)

Is Obama gonna take credit for Christmas?

Abcdefg  posted on  2012-10-22   12:47:28 ET  Reply   Trace   Private Reply  

#2. To: Abcdefg (#1)

Is Obama gonna take credit for Christmas?

Xmas will be a disaster.

Who wants to take credit for that?

mcgowanjm  posted on  2012-10-23   9:18:08 ET  Reply   Trace   Private Reply  

#3. To: mcgowanjm (#2)

Xmas will be a disaster.

Maybe. But Christmas will be great! I'm expecting a nice fat lump of coal . . . again. Yea!!

Abcdefg  posted on  2012-10-23   10:53:31 ET  Reply   Trace   Private Reply  

TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com