Market Overview

Amazon Breaks Ground At Kentucky Air Hub

Amazon Breaks Ground At Kentucky Air Hub, Inc. (NASDAQ: AMZN) broke ground on May 14 at its $1.5 billion air hub at Cincinnati-Northern Kentucky International Airport.

The airport, located in Hebron, Kentucky, is expected to open in 2021. The 3 million square-foot building will have capacity for 100 freighters and will be built with a 350,000 square-foot loading wing. The hub will support deliveries for Amazon's "Prime" service, which today guarantees two-day deliveries for millions of items ordered online.

Amazon announced in late April that it will move to a one-day delivery standard for Prime orders. Rival Walmart Inc. (NYSE: WMT) began one-day delivery in Phoenix, Arizona, and Las Vegas, Nevada, for goods ordered on its website,

Jeff Bezos, Amazon's founder, chairman and CEO, visited the Hebron facility to make a few remarks.

Image sourced from Pixabay

Posted-In: air cargo Amazon Freight Freightwaves Supply ChainNews Markets General


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