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article imageFedEx to hire 20,000 extra workers for 2011 holiday season

By Leigh Goessl     Oct 26, 2011 in Business
Memphis - FedEx said this week the company plans to hire an additional 20,000 seasonal employees for the holidays. The new hires will help handle the anticipated increased volume the shipping company expects to see during the 2011 holiday season.
According to an announcement made by FedEx, the company projects December 12 will be the "busiest day in company history." Additionally, the delivery servicer anticipates handling over 17 million packages in transit on this day, which is "almost double" the company's average daily volume.
FedEx's projections forecast over 260 million shipments between Thanksgiving and Christmas will come through the company's shipping networks worldwide.
In a statement issued on the company's website on Oct. 24 the company stated, "The 10 percent year-over-year increase will be driven by FedEx SmartPost, a residential shipping service designed for online and catalog retailers, as well as expected increased volume at FedEx Ground and FedEx Home Delivery."
SmartPost is a service that delivers packages to local United States Postal Offices (USPS), who in turn, are committed to final delivery to local residences.
“As e-commerce continues to grow and demand increases with more customers shopping and conducting their business online, FedEx SmartPost is poised to handle the increase in shipments,” said Frederick W. Smith, chairman, president and CEO of FedEx Corp. “More than 290,000 FedEx team members also stand ready to deliver the holidays and enable commerce around the globe.”
As ecommerce continues to steadily grow as a popular form of purchase, delivery needs increase since consumers are shopping with the expectation of their wares coming to their doorstep. Factor the anticipated surge of mobile commerce, and delivery dependencies further increase.
FedEx's intention to add tens of thousands of workers to its payroll this holiday season is in stark contrast with companies in other industries. Digital Journal recently reported that electronics giant Best Buy is planning on cutting holiday hires by 50 percent for 2011. However, while Best Buy scales back, companies such as Macy's will be increasing hires for the holidays.
While some companies, such as Best Buy, plan to scale back on the additional hiring of employees, the National Retail Federation has projected overall retailers will hire about a half-million seasonal employees during the 2011 holiday season. This year was the first year the agency released a forecast in relation to seasonal hiring trends.
According to NRF's projections, retail sales are expected to climb 2.8 percent to $465.6 billion. Bloomberg reports FedEx competitor United Parcel Service Inc. (UPS) is planning to make an announcement early next month regarding peak season hiring.
More about Fedex, holiday workers, Hiring, Holiday season, 2011 holiday season
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