* UPS says cargo from Yemen suspended immediately
* UPS says cooperating with authorities
ATLANTA Oct 29 UPS (UPS.N) suspended cargo
service out of Yemen on Friday because of suspicious packages
found aboard its cargo flights, the company said, adding that
it was cooperating with authorities.
Security officials in Britain and Dubai have intercepted
parcels containing explosive materials sent from Yemen to the
United States in what President Barack Obama said was a
"credible terrorist threat."
"Because security is of the utmost importance, UPS is
immediately suspending service out of Yemen until further
notice," a statement said. "UPS is fully cooperating with
authorities who are monitoring reports of potentially
suspicious packages onboard cargo flights."
Authorities are investigating two aircraft in Philadelphia
and one in Newark," it said.
The company, a global leader in logistics including the
transportation of packages and freight, is based in Atlanta.
FedEx (FDX.N), the world's largest cargo airline, also said
it was halting shipments from Yemen.
(Reporting by Matthew Bigg; Editing by Pascal Fletcher and Jim