FedEx CEO anticipates holiday shipping surge

FedEx CEO Fred Smith forecasted that the company would move 100 million more shipments during the 2021 holiday season than it did in 2019. “I think we’re ready for this,” Smith said. “We’re processing 90,000 employment applications [a day] and hiring many, many thousands of people to operate in our 60-plus global hubs that allow us to pick up and transport, deliver between any two points on the globe.”