NEW YORK (AP) — 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.

The crash Tuesday at UPS Worldport in Louisville killed 14 people , incl

See Full Page