Carriers like the Postal Service, FedEx and United Parcel Service have capacity to meet projected demand this holiday season, which is good for shippers and shoppers.
There’s expected to be little drama compared to struggles during the pandemic when people hunkered down at home and turned to online shopping while major carriers including the Postal Service simultaneously struggled with absences and a flood of parcel shipments.
All told, the parcel industry has a capacity of delivering more than 120M parcels compared to a projected holiday peak of 82M per day, slightly less than last year, said Satish Jindel, from ShipMatrix.
But shoppers shouldn’t wait to the last minute. “It’s not a ticket to procrastination,” he said.
This season accounts for more than half of annual sales for many retailers. Holiday retail sales are expected to increase between 3% and 4% in 2023, according to trade group the National Retail Federation. (The AP 11/22/23) Shippers anticipate being able to meet holiday demand | AP News
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