The FedEx Corp. (NYSE: FDX) motto for the holidays:
Finding a gift is hard enough, Shipping should be easy: Ship using FedEx Express this holiday season.
The promotion comes with a form that is simple to fill out. Your gift is on its way.
For some reason, the FedEx website does not mention the catastrophic slowdown it has caused in delivery of holiday gifts. Some people will not get their gifts until after Christmas.
The FedEx website has a video about how well it does as a delivery company: Helping the Holidays Arrive One Snow Globe at a Time.
In reality, FedEx has done no such thing. According to The Wall Street Journal:
Unable to deliver all its packages in time for Christmas, FedEx Corp. said drivers were working extra shifts Friday to help the company manage a surge in online shopping as well as severe weather during one of the busiest weeks of its year.
“FedEx Express continues to run limited delivery operations in some markets to deliver shipments that couldn’t be delivered before Christmas due to unforeseen volume and severe weather in some areas of the country,” a FedEx spokeswoman said Friday afternoon. She declined to say how many packages were delayed.
FedEx’s major air hub is located in Memphis, Tenn., an area that was affected by storms in the days before Christmas. Even before the poor weather, some retailers had warned shoppers that FedEx’s network was experiencing widespread delays.
Maybe it is poor management or maybe the weather. Either way, many people will have coal in their stockings for Christmas and nothing under the tree. Better to have used Santa and his ancient sleigh.
Are You Ahead, or Behind on Retirement? (sponsor)
If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: are you ahead, or behind on your retirement goals?
Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With SmartAsset’s free tool, you can connect with vetted financial advisors in minutes.
Why wait? Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.