FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but ...
FedEx has adjusted its air network and flying schedule to overcome the loss of grounded MD-11 freighter aircraft, but the ...
FedEx and its peer UPS are feeling the impact of the Trump administration's dynamic tariff policy, which has affected demand ...
LOUISVILLE, Ky. — Major cargo operators immediately grounded their fleets of MD-11 aircraft Saturday following a safety recommendation from Boeing, affecting approximately 70 planes worldwide. UPS and ...
Costs will be particularly elevated this month as the carrier leans on outsourced air cargo capacity during the peak season, ...
Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes ...
FedEx anticipates its grounded MD-11Fs will return to service in spring 2026, while projecting continued financial impacts during the peak winter season. Immediate inspections of all McDonnell-Douglas ...
Stronger domestic volumes and pricing offset air fleet disruptions and elevated spinoff costs at FedEx Freight as the carrier reshapes its global air network.
On Friday, Nov. 7, UPS and FedEx announced the decision to ground over 50 McDonnell Douglas MD-11 cargo planes The announcement came as the death toll from the plane crash in Louisville rose to at ...
LOUISVILLE, Ky. — UPS and FedEx will ground their fleets of McDonnell Douglas MD-11 planes "out of an abundance of caution" following a deadly crash at the UPS global aviation hub in Kentucky, the ...
LOUISVILLE, Ky.(AP) — Federal aviation officials issued an order Saturday for McDonnell Douglas MD-11 planes not to be flown pending further inspection, reinforcing cargo carriers’ decision to ground ...
Freight carriers UPS and FedEx said they have grounded their fleets of MD-11 cargo planes, after one of them was involved in a deadly crash in Kentucky this week. A McDonnell Douglas MD-11 aircraft ...