PARCEL delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes to move goods that would have flown on its fleet of MD-11 cargo planes ...

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The Federal Aviation Administration has ordered all McDonnell Douglas MD-11 aircraft grounded pending further inspection, following UPS and FedEx each deciding to ground the planes that make up part ...

Add Yahoo as a preferred source to see more of our stories on Google. The FAA Air Traffic Control tower at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Monday, Oct. 6, 2025 ...

UPS and FedEx said they're grounding 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 crash on ...

FedEx CFO sees expenses of up to $175 million in November and December from MD-11 grounding MD-11 related expenses were $25 million in November, to be roughly $150 million in December MD-11 grounding ...

Lee opened the conversation by pointing to the timing of the cargo-plane crisis. Just as peak shipping season begins, both FedEx and UPS have had to pull aging aircraft from service following a tragic ...

The FAA’s emergency directive on Saturday prohibits flight of MD-11 aircraft because it has “determined the unsafe condition is likely to exist or develop in other products of the same type design.” ...

Dec 18 (Reuters) - Parcel delivery company FedEx said it was planning ‌for $175 million in unexpected peak-season costs to find trucks and ‌planes to move goods that would have flown on its fleet of ...