Amazon (NASDAQ: AMZN) is expanding its Prime Air fleet at such a rate that it will likely surpass the third-largest shipping carrier, DHL, next year, before taking aim at FedEx (NYSE: FDX) and UPS (NYSE: UPS). A study by the DePaul University Chaddick Institute for Metropolitan Development released last week found that from May to July, Amazon grew its fleet of cargo planes at the fastest rate since it began building out the business. The study's authors said that Amazon added nine planes to Prime Air during the three-month period, bringing its fleet size to a total of 50, for a 21.4% increase. Read More...
Amazon Prime Air Fleet Poised to Surpass DHL
Amazon (NASDAQ: AMZN) is expanding its Prime Air fleet at such a rate that it will likely surpass the third-largest shipping carrier, DHL, next year, before taking aim at FedEx (NYSE: FDX) and UPS (NYSE: UPS). A study by the DePaul University Chaddick Institute for Metropolitan Development released last week found that from May to July, Amazon grew its fleet of cargo planes at the fastest rate since it began building out the business. The study’s authors said that Amazon added nine planes to Prime Air during the three-month period, bringing its fleet size to a total of 50, for a 21.4% increase.
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