Transport Topics
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E-commerce giant Amazon.com is opening a third Chicago-area fulfillment center in Romeoville, Illinois. The company didn't receive any local or state tax breaks.
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UPS Inc. is considering a $106 million expansion of its ground hub in Lexington, according to state government officials.
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Second-quarter net income declined 31% at Saia Inc. and 49% at ArcBest Corp. as the trend toward lower earnings at most carriers persisted in a freight market both companies described as "challenging."
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UPS Inc. boosted second-quarter net income by 3.2% to $1.27 billion, or $1.43 per share, led by higher domestic and international profitability.
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