FedEx Express adjusts services as outbreak spreads

FedEx Express adjusts services as outbreak spreads


MEMPHIS, Tenn. – Measures to contain the coronavirus affect FedEx shipping services to and from China.

FedEx Express’ international priority freight and international economy freight shipments to China see longer transit times – ranging from one to three additional business days – because of coronavirus containment efforts, according to a company service alert.

Temporary service suspensions are in place for certain FedEx Express Europe-to-China services, including all international economy freight shipments, the alert said Feb. 20.

More than 2,800 people have died from the coronavirus outbreak concentrated in China, and more than 82,000 cases have been confirmed as the virus has quickly spread.

FedEx was among the companies that saw their stock prices tumble early this week amid worries over the spread of coronavirus. After closing at $163.25 per share Friday, FedEx stock traded at $145.10 Wednesday afternoon.

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The outbreak rattled global supply chains as air and ocean freight shipments were hit by “unavoidable service impacts,” FedEx Logistics said in a service alert Monday.


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