FedEx warns of shipment delays as Omicron leads to staffing shortage

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FedEx warns of shipment delays as Omicron leads to staffing shortage - Reuters

FedEx Corp (FDX.N) warned on Friday that rising cases of Omicron variant has caused staff shortage and delay in shipments transported on aircraft.

"The explosive surge of the COVID-19 Omicron variant has caused a temporary shortage of available crew members and operational staff," the company said.

The delivery firm said severe winter storms around the country, including at its main air hub in Memphis, Tennessee, are posing challenges and it is implementing contingency plans and adjusting operations to minimize disruptions.

Rival United Parcel Service Inc (UPS.N) said that call-outs due to Omicron are not impacting their services, adding that contingency plans are in place.
 
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