Amazon and N.Y. Port Authority Scrap Newark Airport Deal
Amazon.com Inc. and the Port Authority of New York and New Jersey scrapped plans for a new air cargo facility at Newark Liberty International Airport, a project that local activists had criticized.
“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,” Port Authority of New York and New Jersey Chief Operating Officer Huntley Lawrence said in a statement.