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Amazon to spend US$1.49b on air cargo hub; analysts talk of bigger ambitions

Amazon is handling more shipping in-house so that it can deliver packages to customers faster, as well as cut costs and the uncertainty associated with relying on third parties.

San Francisco Inc plans to invest US$1.49 billion to build a large air cargo hub in northern Kentucky, state officials said on Tuesday, stoking expectations that it may one day opt to compete directly with FedEx Corp and United Parcel Service Inc.

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