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FedEx reinstates services in Ukraine after two-year suspension

Published 05/24/2024, 10:31 AM
Updated 05/24/2024, 10:35 AM
© Reuters. FILE PHOTO: FedEx air freight cargo planes parked at a FedEx regional hub at Los Angeles International Airport (LAX) in Los Angeles, California, U.S., September 16, 2022.  REUTERS/Bing Guan/File Photo
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(Reuters) - Parcel delivery firm FedEx Corp (NYSE: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.

© Reuters. FILE PHOTO: FedEx air freight cargo planes parked at a FedEx regional hub at Los Angeles International Airport (LAX) in Los Angeles, California, U.S., September 16, 2022.  REUTERS/Bing Guan/File Photo

Both FedEx and rival United Parcel Service (NYSE: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.

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