Amazon will build its own $1.5 billion air cargo hub
Amazon is building one of the largest internal logistics and shipping businesses in the world, and if you needed any more evidence this was the case, the company just revealed that it’s investing $1.5 billion in a new air cargo hub, which will occupy a spot that crosses the Cincinnati and Kentucky border, and eventually result in around 2,000 total new jobs, according to the Wall Street Journal, according to techcrunch.com.
The new hub is designed to help provide a home for its increasingly large fleet of at least 40 cargo planes, a group of vehicles it perviously revealed it was leasing under the name of Amazon Prime Air, complete with Amazon exterior paint jobs. The planes are designed to help Amazon handle its increasing transportation needs, which are growing as its share of global retail business increases, and straining the capacities and capabilities of its shipping partners, which include FedEx and UPS.
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