UPS says it has retired its fleet of McDonnell Douglas MD-11 cargo planes just months after one crashed in Louisville, killing 15 people. CEO Carol Tome said during a fourth-quarter earnings call Tuesday that the company decided to accelerate its plans while all MD-11s remain grounded by the Federal Aviation Administration. The plane’s three-person crew and 12 others on the ground were killed after the plane's left engine fell off. The company is rebuilding its fleet with 18 new Boeing 767s in the next 15 months. The company also announced plans to cut up to 30,000 jobs this year as it reduces its shipments for Amazon.
