FedEx to add 50,000 seasonal jobs

Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for Christmas-season package deliveries.

That's up from about 40,000 temporary holiday workers hired last year.

The hiring plan from FedEx Corp. came a day after rival UPS said it would hire up to 95,000 seasonal workers. Both companies are trying to avoid the problems that plagued them last year, when they were inundated by more shipments than they expected and some packages didn't arrive until after Christmas.

FedEx Corp. announced Wednesday that it earned $606 million in the June-through-August quarter, up 24 percent from the same period in 2013. The results beat expectations, and the stock rose more than 3 percent in midday trading.

Read Thursday's Arkansas Democrat-Gazette for full details.

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