After a UPS plane crashed last week, leaving over 10 people dead, the delivery company and FedEx have decided to ground all MD-11 planes.

The Federal Aviation Administration has announced a 10% reduction in flight capacity across 40 major U.S. airports. This could strain air cargo as the holiday season approaches.

Global airfreight rates are poised for further increases after the FAA grounded all MD-11F cargo aircraft following last week ...

The sweeping order follows a Louisville disaster that killed 14. UPS and FedEx suspended use of the aircraft as the FAA warns ...

The NTSB is still investigating the crash, but noted that the UPS MD-11's left engine detached from the wing during its ...

The FAA determined that the issue that led to the detached engine is likely to exist or develop in other products of the same ...