Investing.com -- FedEx (NYSE: FDX ), the international courier company, announced on Monday that it has immediately halted economy parcel and freight services to Saudi Arabia from a select group of countries. The countries affected by this suspension include Brazil, India, Taiwan, Japan, China, and Great Britain.
The company did not provide a specific reason for the abrupt suspension of services. It was also not clarified whether the suspension applied to all forms of freight or only to specific types.
Despite the sudden halt in services, FedEx has assured that the suspension is temporary and that it plans to resume these services as soon as possible. However, no timeline has been provided for when the services might be restored.
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