Grounded MD-11 planes could cost FedEx $175 million in peak season, drag on near-term profit
By Abhinav Parmar and Lisa Baertlein
Dec 18 (Reuters) - Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes to move goods that would have flown on its fleet of MD-11 cargo planes that... Read More.


