Why UPS is cutting 30,000 jobs and retiring its MD-11 cargo fleet.
UPS will eliminate 30,000 operational jobs and close 24 facilities in 2026 as it reduces low-profit Amazon volume and completes its MD-11 fleet retirement.
Jan 28, 20263 min
BUSINESS
UPS to Shed 30,000 More Jobs and Retire MD-11 Fleet Amid Profit-Driven Pivot
United Parcel Service will cut up to 30,000 jobs and close 24 facilities in 2026 to complete its shift from low-profit Amazon deliveries, while also retiring its MD-11 freighter fleet after a fatal crash.
Jan 28, 20263 min
BUSINESS
Fatal Crash Prompts UPS to Retire Entire McDonnell Douglas MD-11 Fleet
Following the fatal November 2025 Louisville crash, UPS announced the accelerated retirement of its McDonnell Douglas MD-11 fleet, incurring a $137M charge.
Jan 28, 20263 min
SAFETY
Fatal Louisville Crash Accelerates UPS Retirement of McDonnell Douglas MD-11 Fleet
UPS permanently retired its McDonnell Douglas MD-11 fleet after the fatal Louisville crash, incurring a $137M charge and accelerating fleet modernization.
Jan 28, 20264 min
AIRLINES