Amazon staff, environmental advocates, labor teams, and small enterprise homeowners take part in a rally and information convention to protest plans for a brand new Amazon air cargo mega-hub on the Newark International Airport on October 6, 2021 in Newark, New Jersey.
Spencer Platt | Getty Images
Amazon’s plans to place a regional cargo hub at Newark Liberty International Airport have been grounded.
The Port Authority of New York and New Jersey, the airport’s operator, stated in a press release Thursday that negotiations over the previous yr have failed to supply an settlement with the worldwide shipper and retailer.
“Over the past year, the Port Authority and Amazon have engaged in good-faith negotiations,” Port Authority Chief Operating Officer Huntley Lawrence stated within the assertion. “Unfortunately, the Port Authority and Amazon have been unable to reach an agreement on final lease terms and mutually concluded that further negotiations will not resolve the outstanding issues.”
Last August, the Port Authority’s board permitted negotiations on a 20-year lease for 2 Nineteen Nineties-era buildings on the airport that Amazon was to redevelop right into a state-of-the-art, 250,000-square-foot (23,225-square-meter) air cargo campus.
At the time, it was estimated the redevelopment alone would value Amazon $125 million. The firm would have paid $150 million as an preliminary cost and $157 million in hire over the subsequent 20 years. The facility was to have opened subsequent yr.
A message was left Thursday with an Amazon spokesperson.
Some labor and environmental teams and native officers had opposed the plans, claiming the hub would have elevated congestion in a lower-income space already burdened with truck visitors from close by Port Newark. They had additionally criticized Amazon’s working situations for its workers.
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