Last week, on the ATSG earnings second quarter earnings call, Quint Turner, chief financial officer, said Amazon accounted for 42% of revenue, up from 22% in the same period a year earlier. (FDX) - Get Report executives proclaimed in March that they are not worried. Prime members enjoy Free Two-Day Shipping, Free Same-Day or One-Day Delivery to select areas, Prime Video, Prime Music, Prime Reading, and more. California Air Tools CAT-1P1060SP California Air Tools 1P1060SP Light & Quiet .6 Hp, 1.0 Gal.

She has an outperform rating on the shares.
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It will expand to 40 767s by 2018. "ATSG continues to grow its aircraft leasing business," Becker wrote in a recent report. (AMZN) - Get Report Prime Air remains a bit of a mystery -- obvious in some ways and hidden in others. Fast, FREE delivery, video streaming, music, and much more. The Intel Empire Is Striking Back, Jim Cramer Reveals, Here's Why Snap Employees Should Consider Dumping Their Shares on Monday, Bitcoin Surges To Fresh Record High, Taking 'Market Cap' Past $68.7 Billion, 2 Rules to Help You Take Advantage of Market Weakness, 30 of the Most Influential Military Innovations Ever, Tesla, Apple, Facebook and Other Tech Titans on Top 10 SELL List: Market Recon, From Trump to Google's James Damore, Here Are Big Name Guys Acting Badly at Work, Here's Why Amazon Hasn't Crushed Makeup Retailers Yet. "The vast majority of FedEx business is business to business - 85% of our business," Smith said. "{That} has nothing to do with e-commerce.

Amazon said in January that it will build an air cargo hub at Cincinnati Kentucky International Airport in Hebron, KY, about 100 miles from Louisville, Ky., where United Parcel Service Inc. operates a hub. "Atlas will benefit from robust air freight demand and leverage to growth in the e-commerce business," Becker wrote in an Aug. 3 report. ", More than 70% of the Atlas Air fleet operates in those markets, Flynn said, "and that percentage will increase as we ramp up from six aircraft for Amazon currently to an expected 20 by the end of next year. Atlas Air is one of two companies Amazon has selected to operate its fleet of Boeing 767-300 freighters. © 2008-2020, Amazon.com, Inc. or its affiliates. ... Stock quotes supplied by Barchart Quotes delayed at …

After viewing product detail pages, look here to find an easy way to navigate back to pages that interest you. Amazon Prime Air is still ramping up; hub operations began April 30. (ATSG) - Get Report (which operates ABX Airlines) and, Atlas will each lease 20 Boeing 767-300Fs to Prime Air. Amazon Prime Air is becoming a big thing. As for FedEx, CEO Fred Smith said he March earnings call that while Amazon is not a threat, executives want to be sure they avoid any disruption from its operations. "The evolution of e-commerce is transforming the global supply chain and creating significant new opportunities for Atlas," said Bill Flynn, CEO of Atlas Air Worldwide Holdings

Smith said top FedEx executives "are putting a lot of effort into making sure that there is no opportunity for somebody to disrupt us on a substantial scale. This article is commentary by an independent contributor.

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