XM does not provide services to residents of the United States of America.

FedEx experienced network disruptions due to global IT outage



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 1-FedEx experienced network disruptions due to global IT outage</title></head><body>

Adds details, background throughout

July 19 (Reuters) -FedEx Corp FDX.N said on Friday it faced substantial disruptions throughout its networks due to a global IT outage experienced by a third party software vendor.

A global tech outage was disrupting operations in multiple industries on Friday, with airlines halting flights, some broadcasters going off-air and everything from banking to healthcare hit by system problems.

It was not clear if the network disruption reported by FedEx were related to outages at Microsoft MSFT.O and cybersecurity firm CrowdStrike.

"Contingency plans have been activated to mitigate impacts but potential delays are possible for package deliveries with a delivery commitment of July 19," FedEx said.

Peer United Parcel Service UPS.N also warned of potential delivery delays and added that contingency plans were in place.

Railroad operator Union Pacific Corp UNP.N said the CrowdStrike software outage had "varying levels of impact" across its network but added that backup protocols helped it communicate with its teams and dispatchers.



Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.