Market Chatter: UPS, FedEx Search to Secure Freighters for Holiday Season

MT Newswires Live
2025/11/24

United Parcel Service (UPS) and FedEx are searching to secure additional freighters for the holiday season amid an indefinite grounding of MD-11 jets, Bloomberg reported Sunday.

The Federal Aviation Administration grounded 167 MD-11 aircraft after a fatal crash in November, requiring inspections.

UPS has 26 MD-11s, or about 9% of its fleet, while FedEx has 28, or approximately 4% of its aircraft, Bloomberg said.

UPS and FedEx did not immediately respond to MT Newswires' requests for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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