Tuesday, May 28, 2024
PANYNJ statement on proposed Amazon deal at Newark Liberty

PANYNJ statement on proposed Amazon deal at Newark Liberty

The Port Authority of New York and New Jersey today released the following statement from Chief Operating Officer Huntley Lawrence: “On August 5, 2021, following a publicly advertised request for proposals and the submission and evaluation of proposals, the Board of Commissioners authorised the Executive Director to enter into exclusive negotiations for a lease with Amazon for the development of existing cargo buildings at Newark Liberty International Airport. Over the past year, the Port Authority and Amazon have engaged in good-faith negotiations.

“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. The growth of air cargo and the redevelopment of airport facilities in a manner that benefits the region as well as the local community remain a top priority of the Port Authority.

“Moving forward, the Agency will examine options and determine the best future utilisation of these cargo facilities.”

 

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James Graham

James Graham is an award-winning transport media journalist with a long background in the commercial freight sector, including commercial aviation and the aviation supply chain. He was the initial Air Cargo Week journalist and retuned later for a stint as editor. He continues his association as editor of the monthly supplements. He has reported for the newspaper from global locations as well as the UK.

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