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.

A ferry with more than 350 people on board sank early Monday near an island in the southern Philippines, killing at least 18 people. Rescuers saved at least 316 passengers and crew members. A fleet of ships and boats backed by a surveillance plane are searching for the missing. Coast guard officials said the cargo and passenger ferry apparently encountered technical problems and sank after midnight. The vessel abruptly tilted to one side and took on water, hurling people into the sea in the darkness. The cause of the ferry sinking was not immediately clear, and there will be an investigation.

Philippine officials say ferry carrying more than 350 people has sunk and rescuers have saved more than 200 passengers.

At least 25 people dead and 14 missing after a boat capsized in northern Nigeria, emergency services say.

Gambian president says dozens missing after boat carrying more than 200 migrants capsized off the West African nation.