Federal Express Corporation has released a study forecasting the package volume in Europe's year-end business for 2024. The study, conducted by Effigy Consulting, anticipates that package service providers will transport around 1.1 billion shipments in Germany between October and December. Across Europe, the total volume is expected to reach 6.2 billion shipments, marking a 9% increase compared to the same period last year.
The analysis included data from over 500,000 data points and more than 300 transport service providers across 41 countries. In 2023, the number of transported shipments during the year-end business was recorded at 5.7 billion.
Germany's estimated volume of approximately 1.1 billion packages signifies a rise of 5.3% from the previous year, accounting for 17.4% of Europe's total shipment volume in this timeframe. The United Kingdom is expected to have the highest volume with 1.3 billion shipments, representing a share of 21%. France follows Germany with an estimated volume of 524 million shipments.