Amazon To Open Regional Air Hub In North Texas, Create Jobs
Zacks Investment Research | Dec 11, 2018 09:10PM ET
In a bid to strengthen its delivery services, Amazon.com, Inc. (NASDAQ:AMZN) plans to open a regional air hub at the Fort Worth Alliance Airport, which is expected to commence its operations from 2019. This new air hub is also expected to create multiple job opportunities for North Texas residents.
The air hub is anticipated to cater to Amazon’s large-scale needs as it has appropriate infrastructure to manage flights on a daily basis.
Notably, the company’s focus on expanding its distribution networks is expected to create a better shopping experience.
Aided by its aircraft, Amazon One, the company fulfills its one and two-day packaged deliveries for Prime members. The e-commerce giant has revealed that Prime members worldwide have ordered more than 2 billion items throughout 2018 so far by utilizing the power of its faster delivery services, which is a positive.
The latest move underscores the company’s two basic strategies of continual expansion and increased focus on fulfilling customer needs.
Coming to price performance, Amazon’s shares have gained 40.5% on a year-to-date basis compared with the Zacks Investment Research
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