The Postal Service has lost money for 10 consecutive years. First-class mail volume is down as people rely more on email for online bill payments. But online shopping has led to record volume in its package-delivery business.
The third-party logistics provider said it will invest $3.7 million to upgrade a 173,000-square-foot facility—creating additional pharmaceutical-grade storage capicity that will allow it to service a new contract.
The number of merchants using Fulfillment by Amazon increased 70 percent in 2016. The logistics service lets merchants send goods to Amazon warehouses and pay a fee for packing and shipping online orders to customers.
FedEx Corp. and United Parcel Service Inc. expect to set another record for packages handled this holiday season, fueled by an estimated 17 percent jump in online spending. Indianapolis is home to FedEx's second-busiest package hub.
Amazon.com Inc. has a massive network of distribution centers across the country that includes several fulfillment centers in Indiana. But even those aren't enough to keep up with demand for fast shipping.