FedEx predicts increase in holiday deliveries

MEMPHIS, Tenn. (AP) - FedEx expects another record for holiday-season deliveries.

The company forecast Wednesday that deliveries between Thanksgiving and Christmas Eve will rise 8.8 percent over last year, to 290 million shipments. That's a more subdued forecast than a year ago, when FedEx predicted 13 percent growth for the season.

Volume is expected to surge on each of the first three Mondays in December.

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