Amazon Leases 20 Jets to Build Out Logistics Network

Amazon.com is taking to the skies. The e-commerce powerhouse has finalized an agreement to lease 20 Boeing jets from Air Transport Services Group Inc. as it builds out its U.S. delivery capabilities. Amazon has been investing heavily in its shipping infrastructure, adding sorting centers, which sort packages by zip code and deliver them to post offices. And it's started to roll out thousands of trucks to speed up package delivery from its warehouses to the sorting centers.