Advertisement
| 17 July, 2017

US's FedEx says cyber attack to hurt its 2018 results

Package delivery company FedEx Corp said its 2018 results would be hurt in part due to disruption of operations.

July 17 (Reuters) - Package delivery company FedEx Corp said its 2018 results would be hurt in part due to disruption of operations at its TNT Express unit as a result of a cyber attack in June.

The Netherlands-based TNT Express was still experiencing widespread service delays following the attack, FedEx said in a regulatory filing, and the company was unable to estimate when services at the unit would be fully restored.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel) ((ankit.ajmera@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 3067; Reuters Messaging: ankit.ajmera.thomsonreuters.com@reuters.net))