Wednesday, March 9

Amazon is leasing airplanes to corner more of the delivery market

Amazon has signed a lease on 20 Boeing 767 freighter planes, according to Reuters. This comes at a time when the company has been making quiet moves to invest in a variety of logistics-focused services, presumably to gain more control over how and when its packages are delivered.

A big part of Amazon’s value proposition is that it can get items to customers fast enough that they’d prefer to buy the item online as opposed to in a brick-and-mortar store. The company has experimented with conveniently located lockers in city centers, and it has proposed schemes to deliver items via drone.

In January, Amazon China also registered to become an “ocean freight forwarder,” essentially giving the company the right to subcontract shipments from China to the US. An Amazon-owned subcontracting permit would help the company compete with other overseas suppliers and could give the company a leg-up if it wanted to get into the logistics industry.

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