FedEx Corp. /zigman2/quotes/203047719/composite FDX -6.42% announced today that FedEx Ground has officially started delivering FedEx Home Delivery packages on Sunday for the majority of the U.S. population, advancing the transformation of one of the largest global transportation networks in the world to better serve the fast-growing e-commerce market.
“Now that FedEx Ground delivers FedEx Home Delivery packages on Sundays to most U.S. residences, we have increased our speed advantage significantly to kick off the new year,” said Raj Subramaniam, president and chief operating officer of FedEx. Corp. “This provides added value to e-commerce shippers throughout the U.S. and the 188 million online shoppers in 7,700 cities and towns where FedEx Home Delivery packages are delivered on Sundays. As more customers expect weekend delivery, this enhancement to our network means that every day is now a delivery day at FedEx.”
Delivering residential packages on Sunday speeds up most shipping lanes by one or two days, an advantage that is particularly valuable for shippers and consumers of healthcare and perishable goods. FedEx Ground is already faster to more locations than UPS Ground.
FedEx Ground began delivering residential packages on Sundays during the most recent peak holiday season.
“Delivering seven days a week was critical to our success this past peak season as we experienced some of the highest volume days in the history of the company, including shipping nearly 38 million packages on Cyber Monday alone,” added Subramaniam.
Over the peak holiday shipping season, FedEx Ground experienced 42% year-over-year growth in FedEx Home Delivery package volume during December and delivered nearly eight million FedEx Home Delivery packages on Sundays between Black Friday and Christmas Eve. Despite record volumes, nearly 18% of FedEx Ground packages were delivered one full day early. Once again, FedEx Ground maintained year-round transit time standards throughout the holidays, setting a higher standard than our primary competitor.
FedEx has the market leading e-commerce portfolio and is using that advantage to continue to penetrate the growing e-commerce market.
FedEx Ground – The buildout of FedEx Ground’s large package handling capabilities continues in response to the growth of items like TVs and furniture, which consumers are increasingly ordering online. Shippers will soon be able to ship packages as heavy as 150 pounds through FedEx Home Delivery.
FedEx Freight Direct – This service has expanded to more than 80 percent of the contiguous U.S. population. The new e-commerce solution offers delivery of bulky items such as furniture, TVs and exercise equipment by FedEx Freight team members into residences and businesses.
Retail Network – The extensive retail network now includes more than 14,000 FedEx hold locations, including pick-up and drop-off services at more than 2,100 FedEx Office locations and well-known retailers such as Walgreens, Albertsons, Kroger and Dollar General. Eighty percent of the U.S. population now lives within five miles of a FedEx hold location.
FedEx Delivery Manager – Package recipients can customize home deliveries to fit their schedules, including changing the time and location of a delivery, requesting a signature upon delivery and leaving instructions for the courier; sign up is free at fedex.com/delivery.
FedEx Corp. provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $69 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 490,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com .
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SOURCE: FedEx Corp.
FedEx Media Relations
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