FedEx braces for busiest day ever

Filed under: Daily News |

FedEx Corp. said it expects to ship 16 million packages Monday in what will likely be the busiest day in company history.

The Memphis, Tenn., company said shipments would be nearly 13 percent higher than its busiest day last year, and double the volume that FedEx handles on an average day.

From Thanksgiving to Christmas, the company expects to move more than 223 million packages around the world, an increase of 11 percent from the same period last year. FedEx expects to ship more than 63 million packages this week, up from 57.5 million last year. The shipments will be dominated by books from Internet retailers as well as clothing, electronics and luxury goods, the company said.

Its shares added 77 cents to $94.75 in morning trading.