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Amazon launches global logistics service open to all businesses, challenging UPS and FedEx.

Market News
04 May 2026
TechCrunch
View Source
Bullish
pluang ai news

Amazon has introduced Amazon Supply Chain Services, a new offering that opens its global logistics network to businesses of all sizes and industries, including healthcare, automotive, manufacturing, and retail. This move positions Amazon as a direct competitor to established logistics firms like UPS and FedEx by providing freight, distribution, fulfillment, and parcel shipping services. The service leverages Amazon's extensive supply chain infrastructure and intelligence, similar to how Amazon Web Services transformed cloud computing. Major companies such as Proctor & Gamble, 3M, Lands’ End, and American Eagle Outfitters have already adopted the service, signaling strong market interest and potential growth for Amazon's logistics business.

More News (AMZN)

Google CEO Sundar Pichai booed and protested at Stanford over Google's defense contracts and AI use.

Google CEO Sundar Pichai booed and protested at Stanford over Google's defense contracts and AI use.

At Stanford University, about 200 students protested and booed Google CEO Sundar Pichai during his commencement speech, opposing Google's defense ties, including the $1.2 billion Project Nimbus contract with the Israeli military. Protesters criticize...

Market News
Bearish
14 hours ago
Frost & Sullivan honors 50 companies for innovation and sustainability in 2026 Visionary Growth Leadership awards.

Frost & Sullivan honors 50 companies for innovation and sustainability in 2026 Visionary Growth Leadership awards.

The Frost & Sullivan Institute has recognized 50 leading companies with the 2026 Visionary Growth Leadership Best Practices Recognition for embedding innovation, measurable impact, and sustainability into their growth strategies. These companies, inc...

Market News
Bullish
17 hours ago
Amazon's stock lags despite strong earnings and AI growth, eyeing $300 target amid heavy capex.

Amazon's stock lags despite strong earnings and AI growth, eyeing $300 target amid heavy capex.

Amazon reported its fifth consecutive earnings beat with strong growth in AWS and its chips business, yet its stock is up only 3.35% year-to-date due to massive planned capital expenditures of $200 billion in 2026. The company’s free cash flow has dr...

Company Fundamentals
Bullish
19 hours ago
Trump threatens 100% tariffs on French wine if France keeps digital tax on US tech firms

Trump threatens 100% tariffs on French wine if France keeps digital tax on US tech firms

President Donald Trump warned that if France does not repeal its 3% digital services tax on U.S. technology companies, he will impose a 100% tariff on French wine and champagne exports to the U.S. This tax, approved in 2019, targets large tech firms ...

Market News
Bearish
1 day ago
US threatens 100% tariffs on French wine over France's digital tax on American tech firms

US threatens 100% tariffs on French wine over France's digital tax on American tech firms

President Trump warned France of a potential trade war, threatening 100% tariffs on French wines if France does not repeal its 3% digital tax on US tech giants like Google and Apple. This tax targets the revenue of American tech companies and has rai...

Market News
Bearish
1 day ago
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