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Investing.com -- Deutsche Post (OTC:DHLGY) DHL (ETR:DPWGn) announced Friday it would temporarily halt most shipping to and from the United States due to new customs regulations.
The German logistics company, also known as DHL Group, said the suspension affects DHL Parcel Germany operations beginning Friday.
DHL aims to resume normal operations as quickly as possible. Despite the broader suspension, shipping via DHL Express remains available as an option for customers.
The company noted that parcels and packages valued at up to $100 sent between individuals, which are categorized as gifts, can continue to be shipped without interruption.
"DHL is closely monitoring the further developments and is in contact with U.S. authorities, together with its European partners. The company’s goal is to resume postal goods shipping to the U.S. as quickly as possible," the company said in a press release.
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