FedEx Express adjusts shipping services as coronavirus outbreak spreads

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FedEx Express adjusts shipping services as coronavirus outbreak spreads
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Measures to contain coronavirus are affecting FedEx shipping services to and from China.

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.

FedEx Express listed 17 Chinese cities where pickup and delivery services are under a temporary service suspension, except for shipments tied to relief efforts. How much the coronavirus outbreak will affect FedEx's business is unclear, but the company is heavily tied to the world economy. FedEx said Jan. 31 in an economic update that the coronavirus outbreak is among the risk factors for global economic growth.

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