FedEx Corp. said Monday it will hire 20,000 seasonal employees to work on holiday shipping that is expected to jump 13% from last year.
Between Thanksgiving and Christmas, the global shipping giant predicts it will ship 280 million packages. Dec. 10 is expected to be the busiest day of the season with 19 million shipments, up 10% compared with last year.
That's a spot of good news for what has been a dismal year for a company considered to be a bellwether of the global economy.
FedEx posted last month yet another quarterly slump in earnings and slashed profit projections for 2012. Its chief executive said trade had slowed to levels not seen during the last two significant economic downturns.