UPS projects it will facilitate 8.75 million returns this week, setting an all-time weekly record. It expects to process 1.75 million returns a day.

More:

• 8.75 million marks a 23% increase from last year's holiday season. Total returns were expected to soar, as e-commerce sales rose in 2020 due to the COVID-19 pandemic.
• UPS processed 1.9 million returns on Jan. 2, 2020, which remains the single-day record.
• On Dec. 17, FedEx revealed it had processed a record level of returns during the second half of 2020.

This story first appeared in Inside E-Commerce. You can read the full issue here.