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FedEx MD-11F grounding impact lower than expected as Q3 results remain strong

Strong peak season drives revenue growth

Cargo Facts - AI AssistedbyCargo Facts - AI Assisted
March 20, 2026
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The grounding of FedEx’s MD-11 freighter fleet created a $120 million headwind to adjusted operating income in the third quarter, lower than previously anticipated, John Dietrich, executive vice president and chief financial officer, said March 19 during the company’s earnings call for the quarter, which ended Feb. 28. FedEx had projected the cost of grounding […]

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