Amazon’s aggressive foray into the air freight business may someday pose a threat to package-moving specialists such as FedEx and UPS, but for now, the e-commerce giant has other priorities. Its push to leverage its air freight operation is not focused on delivering goods to customers, per se, but to cut transportation costs by keeping items stocked closer to their ultimate destinations, a detailed Bernstein analysis of Prime Air’s network concludes. “Amazon is building an ...

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