ABX Air reported second-quarter net income of $4.5 million, down 30.8% from $6.5 million in the year-ago period, but touted a rise in non-DHL-related revenue as evidence of its overall strength. The cargo airline attributed the loss to a deferred noncash $2.8 million tax expense and said excluding taxes it earned $7.3 million, a 13% lift in pre-tax earnings. The Wilmington, Ohio-based DHL subservice carrier's revenue decreased 7.3% to $281.3 million as revenue from DHL operations declined ...

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