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Amazon.com, Inc. will build its first air cargo hub at Cincinnati/Northern Kentucky International Airport, investing around $1.5 billion. The company announced yesterday that the new facility will create more than 2,000 new jobs and support its growing fleet of cargo planes.
The company already has a strong presence in Kentucky with 11 fulfillment centers and 10,000 employees.
UPS and FedEx are ideal opportunities for long-term investors
To begin with, United Parcel Service (NYSE:UPS) is an extremely boring transportation and logistics company that gets a little news time during the holiday season and then once again vanishes into the background. That being said, the transportation industry, which has been around for centuries, is more relevant today than ever, and the segment’s best years are yet to come as the world’s trade is taken over by e-commerce.
Amazon.com Inc has filed for a patent to use airships to store products and serve as a base for delivery-drones.
According to the patent filing, drones launched from the so-called “airborne fulfillment centers” (AFCs) would use far less power than those launched from the ground.
The AFCs would hover at about 45,000 feet (13,700 meters) and be restocked and resupplied by “shuttles or smaller airships.” bit.ly/2ihP1AU
If there are any Robin Hoods out there who are thinking about shooting down drones while they’re making deliveries, Amazon has a patented plan to stop you.
The patent, filed in 2014 but published just last week, lays out countermeasures for potential threats ranging from computer hacking to lightning flashes to bows and arrows.
If nothing else, the 33-page application illustrates how many things could possibly go wrong with an autonomous navigation system for unmanned aerial vehicles, or UAVs.
A cargo plane emblazoned with “Prime Air” descended from an empty sky at Lehigh Valley International Airport on Tuesday, ninety minutes from the bustle of New York City, loaded with crates of goods during the peak holiday shopping season.
It’s one of 40 jets leased by Amazon.com Inc for a new cargo service to meet delivery demand from the retail giant’s customers. Exclusive payload data reviewed by Reuters and interviews with airport officials around the country show that Prime Air planes are flying nearly full, but with lightweight loads, taking away valued business from FedEx Corp and United Parcel Service Inc.