Amazon makes a major logistics move after Miami crash
Source: GuruFocus.com ·
The decision follows a Miami accident that killed five people and remains under investigation.
From the source
This article first appeared on GuruFocus . Amazon.com Inc. ( AMZN , Financials ), the e-commerce and cloud-computing company with a large in-house logistics network, has suspended operations with cargo carrier 21 Air following a fatal accident in Miami. Warning! GuruFocus has detected 5 Warning Sign with AMZN. Is AMZN fairly valued? Test your thesis with our free DCF calculator. The Sept. 6 flight overran a runway at Miami International Airport and struck two vehicles. Five people were killed and five others were injured. Amazon said it had spent time supporting the investigation and reviewing the circumstances before deciding to pause operations with 21 Air. The Boeing 767 freighter involved in the accident was operated by the carrier. The National Transportation Safety Board said cockpit audio showed one pilot called for the landing to be aborted after the aircraft had already touched down at excessive speed. 21 Air said it remains confident in its safety policies, training and…