FedEx has permanently retired 12 aircraft from its fleet and taken a $21 million impairment charge in its fiscal fourth quarter that ended on May 31. As part of its annual results announcement, the ...

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 ...

33rd Annual Study of Logistics and Transportation Trends: Puzzling path forward Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory ...

FedEx Corp. has exercised options to purchase eight additional Boeing 777 freighters from Boeing and pushed back retirement of the tri-engine MD-11 fleet in response to rising demand for international ...

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.” ...