FedEx and UPS have both suspended shipments to Russia amid the country's military assault on Ukraine.
Explosions were seen and heard in parts of Kyiv as tensions amplify in the early hours of Saturday morning.the country’s military assault on UkraineThe U.S.-based shipping companies had previously suspended all shipping services to and from Ukraine. Later updates shared online noted how both have temporarily stopped delivering all shipments bound for Russia, as well. that packages already en route to Russia or Ukraine will be returned free of charge to the sender if possible.
FILE - A FedEx Corp. truck passes a United Parcel Service Inc. facility in New York, U.S., on Oct. 23, 2015. Photographer: Michael Nagle/Bloomberg via Getty Images But later Monday, the U.S. Treasury Department announced new sanctions that would immobilize any assets of the Russian central bank in the United States or held by Americans. The Biden administration estimated that the move could impact "hundreds of billions of dollars" of Russian funding.
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