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UPS Inc. is suing the European Union for 1.7 billion euros ($2.1 billion) in compensation for damage it claims to have suffered when regulators wrongly vetoed its attempted takeover of parcel delivery rival TNT Express NV.

UPS Inc. announced it will deploy 50 newly designed plug-in electric delivery trucks by the end of the year. The vehicles are comparable in acquisition cost to its conventional-fueled package delivery trucks without the use of subsidies — a development it calls an industry first and one that breaks a key barrier to large-scale fleet adoption.

Amazon’s ambition has been in plain sight for years. The company has built its own network of merchandise warehouses and package sorting centers. It enlisted its own airplanes and truck trailers to transport cargo. It registered to move freight across oceans, and in dozens of cities it tapped couriers to deliver packages directly to shoppers’ doors.

UPS Inc. wants to build a $41 million expansion to its El Paso, Texas, facility, and it plans to do so with more than $2 million in incentives from the city and the county.

The famed Boeing Co. 747 airplane now has a slightly longer lease on life — at least in the cargo transport industry.

UPS Inc. is doing right by President Donald Trump’s standards, but that’s hardly what shareholders want to see right now.

UPS Inc. reported robust fourth-quarter earnings, even after adjustments tied to pension contributions and the Tax Cuts and Jobs Act, led by double-digit growth in the freight and third-party logistics businesses and a strong holiday season.

More than 1.3 billion pounds of cargo made its way through Chicago Rockford International Airport last year, a nearly 50% increase over 2016.

WASHINGTON — Researchers are joining major retailers, logistics firms, city transportation offices and others in the freight industry to reconsider last-mile delivery systems, even reviewing the way they get packages the “final 50 feet” in congested urban downtowns.