Amazon's Bezos mans front loader at retailer's $1.5B air hub groundbreaking
Foxbusiness.com - Wed 15 May 00:24 GMT

The air hub investment will create 2,000 jobs, according to the CEO.

Amazon's Bezos mans front loader at retailer's $1.5B air hub groundbreaking

  Amazon CEO Jeff Bezos posted a video of himself behind the wheel of a tractor on Tuesday, as the e-commerce giant begins construction on a $1.5 billion cargo facility in Kentucky.

  The company is investing the money into a 3 million-square-foot “air hub,” located in the Cincinnati/Northern Kentucky International Airport, at which the company held a groundbreaking ceremony for on Tuesday.

  “Amazon’s Prime Air hub promises to revolutionize the fulfillment industry worldwide,” Kentucky Gov. Matt Bevin said in a statement.

  Bezos said on Tuesday that the company is going to move Prime shipping from two days to one.

  CLICK HERE TO GET THE FOX BUSINESS APP Moody’s analyst Charlie O’Shea wrote in a note on Tuesday that Walmart continues to have a “meaningful advantage” over Amazon in the form of 5,300 store locations.