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UPS, FedEx stocks sink

UPS, FedEx stocks sink after Amazon expands logistics network to other businesses

UPS and FedEx shares sank Monday after Amazon announced it was opening up its supply chain network to outside companies.

· 2d · on MSN

Amazon turns its logistics empire into a new business, taking on UPS and FedEx in freight and shipping

· 1d · on MSN

Amazon opens up logistics network to other businesses in challenge to UPS, FedEx

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Tech Weekly: Amazon challenges logistics giants, robotic bag handlers

From Amazon posing questions for UPS and FedEx to robotic bag handlers at airports, Francis Maguire rounds up the tech and innovation stories making headlines this week.

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Amazon Expands Logistics Arm to Outside Companies

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Amazon opening shipping network to other companies

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Amazon to ship stuff for any business, not just its own merchants

The new service, called Amazon Supply Chain Services (ASCS), lets companies pay Amazon to handle the behind-the-scenes work of getting products from factories to customers' doors.

· 20h

Amazon launches logistics services, taking on FedEx and UPS

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Amazon takes on UPS, FedEx with new delivery service sending their shares in a nosedive

24/7 Wall St. on MSN

FedEx slides 9%, UPS sinks 10% as Amazon supply chain services goes live: How real is the threat?

Quick Read FedEx (FDX) stock and United Parcel Service (UPS) shares dropped sharply as Amazon (AMZN) launched Supply Chain Services as a unified enterprise offering bundling warehousing, freight forwarding,

23hon MSN

Amazon's AWS-Like Logistics Play Puts 3PLs on Notice

American Eagle Outfitters and Lands' End are among the first adopters as Amazon opens its logistics network to all businesses and intensifies competition with FedEx, UPS and DHL.

Axios AI+ on MSN

Amazon takes aim at the supply chain

Jeffrey Cane/Axios Amazon is offering its distribution, parcel shipping and fulfillment services to outside businesses, not just to those on its marketplace. Why it matters: The $2.9 trillion company is now aiming to be a dominant force in the global supply chain,