Amazon Supply Chain Services Launch Puts UPS and FedEx Under New Pressure
Amazon.com launched Amazon Supply Chain Services, opening its logistics network—including freight, warehousing, and parcel delivery—to outside businesses. Early clients include Procter & Gamble, 3M, Lands’ End, and American Eagle. UPS and FedEx shares fell in premarket trading, while Amazon stock rose. The service uses Amazon’s network of over 80,000 trailers, 24,000 containers, and more than 100 aircraft.
