(Reuters) Package delivery company FedEx Corp should enjoy a record holiday peak season thanks to the continued rise of online consumer sales in the United States, company officials said on Wednesday.
Executive vice president Michael Glenn said on a conference call with analysts after FedEx reported better-than-expected quarterly results that the company would add more than 50,000 seasonal workers to handle the anticipated spike in shipping.
Alongside its main rival United Parcel Service Inc, FedEx is considered a bellwether of U.S. economic activity.
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