Amazon is rapidly expanding its air fleet to handle more shipping, but FedEx isn't worried
February 15, 2019 at 08:00 AM EST
Amazon aims to compete with FedEx and UPS in the logistics and shipping industry. That's what analysts told CNBC after Amazon Air recently expanded to include 50 planes and several new regional hubs, including a $1.5 billion hub opening in northern Kentucky in 2021.
