UPS (UPS) and FedEx (FDX) are working to secure more freighters as they deal with the indefinite grounding of the workhorse MD-11 jet while investigators probe why an engine tore off a widebody on November 4, Cailley LaPara, Julie Johnsson, and Siddharth Philip of Bloomberg reports. The grounding has complicated operations just as shipping volumes surge for the peak period through Christmas. UPS has 26 MD-11s, about 9% of its fleet, while FedEx had 28 in operation, accounting for 4% of its in-service aircraft.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UPS:
- United Parcel (UPS) Woos Investors with 7% Dividend Yield as Stock Slump Continues
- UPS Stock Dives as Fatal Crash Investigation Points Finger at ‘Fatigue Cracks’
- The Week That Was, The Week Ahead: Macro & Markets, November 16, 2025
- FedEx Stock (FDX) Surges after Providing New Guidance
- Operational and Financial Challenges Lead to Sell Rating for UPS Amid MD-11 Fleet Grounding
