Amazon's Transportation Ambitions
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By focusing on both innovation and customer satisfaction, Amazon.com (NASDAQ: AMZN) has become the tech giant that we see today. Now, it's using both of these principles to expand into the transportation space -- and competitors should be worried.
There are numerous ways in which Amazon is expanding its transportation arsenal. In 2016, Amazon launched Amazon Air, a cargo airline that will transport parcels across the U.S. As of June 2018, Amazon Air had 33 cargo planes. The company has announced, however, that by 2021, it will open its main "Air Hub" in Kentucky, increasing its number of cargo planes to 70 and creating over 2,000 jobs in the area.
Source Fool.com
