FedEx expects to incur US$175M in additional costs as it works around the mandatory grounding of its MD-11 freighter fleet.

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

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Analysts lift FedEx price forecasts following Q4 earnings beat, citing better-than-expected Express margins and ongoing ...

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 ...

Stronger domestic volumes and pricing offset air fleet disruptions and elevated spinoff costs at FedEx Freight as the carrier reshapes its global air network.

Citi analysts said that FedEx is making progress on its long-term margin improvement objective; however, freight challenges are likely to limit the stock's near-term upside.

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

That's the extra costs FedEx incurred in November after the UPS cargo plane crash led to the [grounding of all MD-11 planes]( ...

Good afternoon, and welcome to FedEx Corporation's Second Quarter Earnings Conference Call. The second quarter earnings release, Form 10-Q and Stat Book are on our website at investors.fedex.com. This ...

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