Two of the largest shipping companies based in the United States announced that they will suspend shipments to Russia amid the war in Ukraine.
The decision made by United Parcel Service and FedEx Corp. to stop inbound shipments to Russia adds to the list of isolation that Russia’s economy is currently experiencing.
“Our focus is on the safety of our people, providing continued service and minimizing disruption to our customers,” UPS said in a service alert. “UPS continues to closely monitor the situation and will re-establish service as soon as it is practical and safe to do so.”
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Both companies have also halted inbound and outbound shipment services to Ukraine.
FedEx said they are “monitoring the situation and have contingency plans in place, including temporarily suspending inbound and outbound services to Ukraine and inbound service to Russia until further notice.”
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Over the weekend, the U.S., United Kingdom, and the European Union increased sanctions on Russia targeting the country’s financial system. The EU also banned all Russian flights from taking off, landing, or flying over any EU nation.
