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BenzingaBenzinga··Piero Cingari

Amazon's $1.3T Logistics Play Shakes Transport Sector as UPS, FedEx Tumble

Amazon launches Supply Chain Services, targeting the $1.3 trillion 3PL market and triggering 9% declines for UPS and FedEx amid structural competitive threats.
AMZNFDXUPSJBHTCHRW+2last-mile deliverythird-party logistics