FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but ...

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 ...

Costs will be particularly elevated this month as the carrier leans on outsourced air cargo capacity during the peak season, ...

US express cargo operator FedEx is working on the expectation that the grounded Boeing MD-11 freighter fleet will return to ...

FedEx said it incurred $25 million in additional costs in November after last month’s UPS cargo plane crash led to the grounding of all MD-11 planes, including FedEx’s fleet. FedEx expects even higher ...

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 ...

(The Hill) – FedEx and UPS on Friday announced a temporary ground stop for fleets of McDonnell Douglas, or MD-11, cargo planes following a deadly crash in Louisville, Ky., earlier this week that ...

The Federal Aviation Administration’s announcement of a 10% reduction in flight capacity across 40 major U.S. airports could put a strain on air cargo as the peak holiday season approaches. Several ...

Nicholas’ decisive actions prevented a tragedy, as he landed the Boeing 767 safely without any loss of life or damage to the ...

NEW YORK (AP) — The Federal Aviation Administration’s announcement of a 10% reduction in flight capacity across 40 major U.S. airports could put a strain on air cargo as the peak holiday season ...