* UPS says cargo from Yemen suspended immediately
* UPS says cooperating with authorities (Adds quote)
ATLANTA, Oct 29 (Reuters) - 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 Marshall)