FedEx, UPS halt inbound shipments to Russia and Ukraine

07:05pm, Monday, 28'th Feb 2022 The Hill
FedEx and UPS are both halting inbound shipments to Russia and Ukraine in light of Russia''s military invasion last week."We are closely monitoring the situation and have contingency plans in place, including temporarily suspending inbound and…
Two of the world’s largest logistics companies, UPS and FedEx, have announced that they are pausing delivery service to Russia and Ukraine amid the Moscow-led invasion. Both of the U.S.-based shipping companies had earlier said that they were cutting off shipments to and from Ukraine until further notice. In a service update on UPS’s website, […]
Jim Cramer and Jeff Marks compare chipmakers including Marvell, AMD, and Qualcomm. They also discuss what they think will be next for UPS, Abbvie and Chevron stocks. Finally, Jim and Jeff take a look at software companies reporting earnings this week, Workday and Salesforce.
Polestar's EV has attracted mixed reviews, and the company is facing a great deal of competition. As a result, GGPI stock is unenticing.

Equinor, UPS and FedEx join drive in divesting from Russia

09:58am, Monday, 28'th Feb 2022 Seeking Alpha
Governments aren''t the only ones wounding Russia''s economy as a move to divest from the country takes hold among corporations

UPS, FedEx to halt delivery services to Russia and Ukraine

09:51am, Monday, 28'th Feb 2022 Business Today
German logistics company Deutsche Post DHL said it had temporarily suspended shipments to and from Ukraine and was avoiding Ukrainian airspace for its global operations.

UPS, FedEx suspend delivery services to Russia and Ukraine

09:47am, Monday, 28'th Feb 2022 EconoTimes
United Parcel Service Inc. and FedEx Corp. are two of the biggest parcel delivery companies in the United States and the world. Due to the ongoing Russian invasion of Ukraine, they have halted their services in Russia and…
Highlights British energy giant BP to exit from Russian Rosneft in response to Russian attacks on Ukraine. BP believes the Russian exit is in best long-term interest of all its shareholders. BP’s exit puts the spotlight on other Western companies having stake in Russia. Global energy giant BP Plc (LON:BP) has sparked a new row of actions against the Russian invasion on Ukraine with its decision to exit from its shareholding in Rosneft. Russia’s western allies are already peaking sanctions including moves like closing airspace, cutting Russian banks off SWIFT network and other moves. BP’s decision to exit Russia marks a major corporate action in response to the growing pressure from Western governments to widen economic sanctions on Russia. BP loses billions as it abandons Russian Rosneft BP has announced its exit from Russian oil giant Rosneft ending abruptly an over three-decade old operation in the energy-rich country. Around half of BP’s oil and gas reserves and a third of its production comes from the Russian Rosneft.

UPS and FedEx halting shipments to Russia and Ukraine By Reuters

07:41pm, Sunday, 27'th Feb 2022 Investing.com
UPS and FedEx halting shipments to Russia and Ukraine
The companies said they are focused on employee safety.
United Parcel Service found using ticker (UPS) now have 28 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 275 and 150 with a mean TP of 243.75. With the stocks previous close at 207.19 this is indicating there is a potential upside of 17.6%. The 50 day MA is 211.83 and the 200 day MA is 204.05. The company has a market capitalisation of $182,739m. Find out more information at: https://www.ups.com [stock_market_widget type="chart" template="basic" color="green" assets=UPS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $214,984m based on the market concensus. United Parcel Service provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.
UPS and FedEx have said they are halting delivery service to Russia and Ukraine because of the conflict.
Raises implemented at some hubs last year reverted back to original wages as profits grew nearly tenfold in 2021

Parcel shippers to feel more fuel surcharge pain

09:01am, Saturday, 26'th Feb 2022
Time was that fuel surcharges were straight pass-through levies from the carriers to their customers. Surcharges accurately reflected a carrier's fuel costs.
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