The company said its shipping, fulfillment and delivery services would be offered to other businesses. Several large corporations have already signed on.

Amazon has launched Amazon Supply Chain Services, offering its freight, distribution, fulfillment, and parcel shipping capabilities to any business, directly challenging UPS and FedEx. Major brands including Procter & Gamble, 3M, Lands’ End, and American ...

Parcel Tracker launches an AI-native logistics platform combining edge AI and cloud LLMs to automate enterprise goods receiving and internal operations. LONDON ...

Shares of FedEx fell 9% to mark their worst day in more than a year, UPS fell over 10%. Shares of GXO Logistics fell 18%, while Forward Air Corp. declined by over 24%. Trucking companies like Old Dominion Freight Line,

FedEx shares fell nearly 9% after Amazon launched its Amazon Supply Chain Services platform, offering freight, distribution, fulfillment, and parcel shipping to businesses across industries. The move directly competes with FedEx's core services, leveraging ...

AmazonAMZN will give other businesses access to its massive supply chain and logistics operations that turned it into a e-commerce powerhouse. Amazon stock was slightly higher in early trading. The new Amazon Supply Chain Services will offer the Seattle company's "full portfolio of freight,