FedEx reinstates services in Ukraine after two-year suspension-March 2024-www.financetom.com

FedEx reinstates services in Ukraine after two-year suspension

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

FedEx reinstates services in Ukraine after two-year suspension

May 24, 2024 8:24 AM

(Reuters) - Parcel delivery firm FedEx Corp ( FDX ) said on Friday that it has reinstated international priority inbound and outbound services in Ukraine.

Its services in Belarus and Russia will remain suspended, the company announced on its website.

Both FedEx ( FDX ) and rival United Parcel Service ( UPS ) had suspended their services in the region after Russia launched a large-scale invasion of Ukraine on February 24, 2022.

UPS's operations in Ukraine, Belarus and Russia remain suspended.

Previous page： Biden administration partners with states to protect airline customers Next page： United expects stronger quarterly earnings; cuts aircraft delivery estimates

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Biden administration partners with states to protect airline customers

Apr 16, 2024

CHICAGO (Reuters) - U.S. Transportation Secretary Pete Buttigieg on Tuesday announced a partnership with state attorneys general to fast-track investigations into complaints against airlines and ticket agents as part of the Biden administration's efforts to enhance consumer protections. Currently, the authority to enforce passenger protections lies solely with the federal government. And while state attorneys general receive consumer complaints, airlines...

United expects stronger quarterly earnings; cuts aircraft delivery estimates

Apr 16, 2024

CHICAGO (Reuters) -United Airlines Holdings ( UAL ) on Tuesday forecast stronger-than-expected earnings in the current quarter, after reporting a narrower-than-expected loss in the first quarter, on robust demand for travel. Shares of the Chicago-based carrier were up about 5% in after-hours trading. United also slashed its total aircraft delivery estimates for this year to 66 from 88 expected in...

Transdigm Group Insider Sold Shares Worth $3,699,290, According to a Recent SEC Filing

Apr 16, 2024

04:10 PM EDT, 04/16/2024 (MT Newswires) -- Joel Reiss, Co-Chief Operating Officer, on April 15, 2024, sold 3,000 shares in Transdigm Group ( TDG ) for $3,699,290. Following the Form 4 filing with the SEC, Reiss has control over a total of 3,600 shares of the company, with 3,600 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1260221/000095017024044765/xslF345X03/ownership.xml ...

Ex-DraftKings exec denies accessing trade secrets before Fanatics job jump

Apr 16, 2024

April 16 (Reuters) - A former DraftKings executive on Tuesday took to the witness stand to deny stealing the company's trade secrets or soliciting its employees after he joined sports betting rival Fanatics, saying he operated with extreme caution in his exit. But Michael Hermalyn's testimony before a federal judge in Boston was quickly undercut by conflicting testimony by two...