MD-11

3 articles

Under the leadership of FedEx CEO Raj Subramaniam, a sweeping network consolidation and cost-reduction strategy is producing signals of improved profitability and revenue performance, though macroeconomic and operational risks persist.
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FedEx Network Transformation Begins to Deliver First Concrete Results

FedEx Network Transformation Begins to Deliver First Concrete Results
FedEx anticipates a $175 million negative impact on adjusted operating profit over the fiscal year due to the grounding of its MD-11 cargo aircraft, and is turning to outsourced air cargo capacity during peak season.
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FedEx Expects $175 Million Impact from MD-11 Fleet Grounding

FedEx Expects $175 Million Impact from MD-11 Fleet Grounding
A UPS MD-11 cargo aircraft crashed near Louisville, resulting in at least 9 deaths. The incident has caused sort operations at UPS's main air hub Worldport to halt and poses a risk of delays in domestic and international deliveries.
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UPS Plane Crash: At Least 9 Killed, Worldport Operations Disrupted

UPS Plane Crash: At Least 9 Killed, Worldport Operations Disrupted