Amazon’s bid to put a cargo hub at the airport is failed | News, Sports, Jobs
NEWARK, NJ — Amazon’s plans to set up a regional cargo hub at Newark Liberty International Airport have been thwarted.
The Port Authority of New York and New Jersey, the operator of the airport, said in a statement on Thursday that negotiations over the past year have not resulted in an agreement with the shipper and the global retailer. .
“Over the past year, the Port Authority and Amazon have engaged in good faith negotiations,” Huntley Lawrence, the port authority’s chief operating officer, said in the statement. “Unfortunately, the Port Authority and Amazon were unable to reach an agreement on the final terms of the lease and mutually concluded that further negotiations would not resolve the outstanding issues.”
Last August, the Port Authority’s board approved negotiations for a 20-year lease for two 1990s-era buildings at the airport that Amazon was to redevelop into a state-of-the-art 250-square-foot building. 000 square feet (23,225 square meters). ) air cargo campus.
At the time, it was estimated that the redevelopment alone would cost Amazon $125 million. The company reportedly paid $150 million in down payment and $157 million in rent over the next two decades. The establishment was to open next year.
Through a spokesperson, Amazon said it was disappointed with the failure to reach a deal and was looking at alternative locations for a freight hub, but did not specify where.
Some labor and environmental groups and local officials had opposed the plans, saying the hub would have increased congestion in a low-income area already burdened with truck traffic from nearby Port Newark. They had also criticized Amazon’s working conditions for its employees.