Amazon Opens Its $1.5 billion Air Hub In Kentucky

Share post:

Amazon has begun operations at its 800,000-square-foot air hub, worth $1.5 billion, as it appears to speed up the pace of parcel processing and deliveries in the U.S.

The facility, located at Cincinnati International Airport in Northern Kentucky, is part of Amazon’s plan to expand its air capacity, as the retail giant bought 11 planes to bring the company’s number of planes to more than 70 in order to strengthen its transportation and logistics network.

Once the hub is fully operational, Amazon plans to process “millions of packages every week,” suggesting that the retail giant is considering the possibility of delivering not only its own packages, but those of other companies as well, some analysts predicted.

While Amazon said in its press release that the air hub would help ensure the “rapid transport of customer packages throughout the U.S.,” many argued that the $1.5 billion construction of the logistics hub is a clear sign that the retail giant is planning to become a transportation company.

For more information, read the original story in The Verge.

SUBSCRIBE NOW

Related articles

Intel’s contract manufacturing hits setback with quality issues

Intel’s contract manufacturing business has encountered a major setback after silicon wafers produced for Broadcom failed to meet...

Dell has another major round of layoffs

Dell has initiated another round of layoffs, affecting a significant number of employees, including long-term company veterans. HR...

Intel to lay off Over 15,000 employees in major cost-cutting move

Intel has announced a significant downsizing of its workforce, laying off over 15,000 employees as part of a...

Costs from Global CrowdStrike Outage Could Exceed $1 Billion

The global tech outage caused by a faulty CrowdStrike update on Friday could result in damages exceeding $1...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways