Amazon Launches Global Logistics Network for All Businesses
Amazon has launched a new service called Amazon Supply Chain Services, opening its logistics network to all businesses, competing with UPS and FedEx. The service includes freight, distribution, fulfillment, and parcel shipping, targeting industries like healthcare, automotive, and retail. Early adopters include Proctor & Gamble and 3M.
Tickers: $AEO $AMZN $LE $MMM $PG