LOS ANGELES, Jan 28 (Reuters) - FedEx said on Wednesday it is working with Boeing and U.S. aircraft safety regulators to ...

Express carrier targets 31 May service resumption for MD-11 freighter fleet grounded since November FAA directive following ...

AUSTIN, Texas -- A Southwest passenger jet and a FedEx cargo plane came as close as 100 feet from colliding Saturday at the main airport in Texas' capital, and it was a pilot -- not air traffic ...

UPS and FedEx announced they grounded all of their MD-11 cargo planes after a deadly crash in Kentucky. “Out of an abundance of caution and in the interest of safety, we have made the decision to ...

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 ...

A Fedex cargo airplane last year. (johan ordonez/AFP/Getty Images) FedEx said it incurred $25 million in additional costs in November after last month’s UPS cargo plane crash led to the grounding of ...

FedEx (NYSE: FDX) and UPS (NYSE: UPS) may see near-term earnings pressure as grounded cargo aircraft reduce capacity during peak holiday demand. Forced reliance on alternative carriers, including 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 ...

UPS and FedEx announced that they temporarily grounded their fleet of McDonnell Douglas MD-11 cargo planes after a crash in Louisville, Kentucky on Tuesday at the city's international airport ...