Friday, February 15, 2019

Amazon is rapidly expanding its air fleet to handle more of its own shipping, but FedEx isn't worried

CNBC
Amazon is becoming a player in the logistics and shipping industry.

That's what analysts think about the recent expansion of Amazon Air to include 50 planes and several new regional hubs, including a $1.5 billion hub opening in northern Kentucky in 2021.

According to Wolfe Research, the e-commerce giant is now handling its own shipping for 26 percent of online orders. In a December press release, Amazon said that it can "transport hundreds of thousands of packages per day" with its new "dedicated air network" and that its fleet of planes make "two-day shipping possible almost anywhere in the U.S.". . . more