UPS has temporarily grounded its fleet of McDonnell Douglas MD-11s, which was the type of plane involved in a deadly crash in Louisville, Kentucky, earlier this week. The decision was made "out of an ...
MEMPHIS, Tenn. — FedEx said they are grounding their fleet of McDonnell Douglas MD-11 planes “out of an abundance of caution” following a deadly crash at the UPS global aviation hub in Kentucky. It a ...
UPS and FedEx are grounding their fleets of McDonnell Douglas MD-11 planes, the companies said. It comes after a UPS MD-11 crashed during takeoff on Tuesday, killing at least 14 people. Both companies ...
FedEx is expecting a $175 million headwind to its adjusted operating income this fiscal year due to the grounding of its MD-11 fleet, EVP and CFO John Dietrich said on a Q2 earnings call Thursday. The ...
FedEx Corp. announced it will consolidate its operating companies into one organization to bring down costs, increase efficiencies, and simplify things for customers. This phased transition, with full ...