Six months after the crash of a UPS plane and the FAA ordered the grounding of all MD-11 aircraft, FedEx has been authorized to fly the freighter jets again.
FedEx is in the final stages of resurrecting its MD-11 fleet after helping Boeing redesign a part that contributed to the fiery crash of a UPS jet in November, executives said during an employee briefing on Wednesday.
The Iran war is impacting FedEx operations in Dubai, which wants U.S. permission to pause flights there from Hong Kong so it doesn’t lose the right to fly that route.
FedEx is telling pilots and other personnel to get ready for the return to service of the MD-11 freighter as federal regulators could soon approve a Boeing fix for the grounded aircraft.
FedEx and UPS will not be major players in the B2C parcel market unless they strategically engage with an e-commerce marketplace, says commentator Satish Jindel.
FedEx says it is looking for a new CFO after John Dietrich decided to step down from the position.
FedEx and its pilots have reached a tentative agreement on a new labor contract, but it took five long years to get there.
FedEx Freight outlined financial targets and operational initiatives ahead of a June separation from parent FedEx Corp.
FedEx is launching same-day delivery through a partnership with OneRail, a final-mile platform.
FedEx Freight was again a drag on FedEx Corp.’s consolidated results, which came in ahead of expectations.
FedEx delivered strong third-quarter results, buoyed by volume and yield growth and structural cost savings.
FedEx has put 10 more shipping stations on the chopping block as it integrates two separate delivery networks into a single, efficient operation.
FedEx is giving B2B shippers the option to use reusable boxes in distribution networks with predictable returns.
Businesses are bracing for higher air cargo rates and shipping delays as airlines ground aircraft and avoid Middle East airspace as the U.S. and Israel battle Iran.
A suit against FedEx for a refund of $36 in duties plus fees could expand to millions of plaintiffs if a judge certifies it as a class action in the wake of a Supreme Court decision deeming certain Trump tariffs unlawful.
The operator of a new airport in Mumbai, India, has started building a dedicated cargo facility for FedEx, which currently operates from a shared facility at the city’s legacy airport.
A shipper has sued FedEx for repayment of tariffs collected on small parcels after the Supreme Court said the Trump administration was wrong to use emergency authority to impose the import fees.
Major importers are racing to recover tariff payments deemed unconstitutional while President Trump signals a fresh round of duties, keeping supply chains on edge.
FedEx continues to show strong optimism that it will soon begin operating its fleet of MD-11 freighters despite no signs from regulators investigating the deadly UPS accident about when they’ll lift the aircraft’s flight ban.
When it comes to e-commerce delivery, FedEx only wants longer-haul, heavy and high-value parcels because operating as a local courier for small packages isn’t profitable.
