Economics

The Federal Aviation Administration’s announcement of a 10% reduction in flight capacity across 40 major U.S. airports could put a strain on the air cargo as the peak holiday season approaches.

Several airports with major package distribution centers are on the list of airports that will reduce capacity — FedEx has hubs at the airports in Indianapolis and Memphis, Tennessee. UPS’ biggest hub, Worldport, is in Louisville, Kentucky, the site of this week’s deadly cargo plane crash. 

Meanwhile, UPS and FedEx said late Friday they’re grounding their fleets of McDonnell Douglas MD-11 planes “out of an abundance of caution” following a deadly crash at the UPS global aviation hub in Kentucky.