FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but that’s a blip for a company that just reported a $1.6 billion operating ...

The MD-11 fleet was grounded in late 2025 after an emergency FAA Airworthiness Directive mandated inspections for fatigue ...

Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes ...

A lot is going on at FedEx, so the stakes were high for its second-quarter results, reported Thursday evening. Investors were ...

On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx ...

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

Carrier shifts volume to alternative aircraft and third-party lift as 25 MD-11Fs remain out of service through peak season ...

FedEx has already spent hundreds of millions of dollars on the separation process, with more costs expected before the ...

During FedEx Freight’s fiscal second quarter ended Nov. 30, revenue fell 1.7% year over year to $2.14 billion. A 2.8% decline ...