FedEx says cyber attack to hurt its 2018 results

Reuters News
Posted: Jul 17, 2017 9:32 AM

(Reuters) - Package delivery company FedEx Corp <FDX.N> 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)