A UPS Boeing 767 departs from Los Angeles International Airport on January 27, 2026, heading to Louisville, Kentucky.
Kevin Carter | Getty Images
Stock prices of major logistics companies UPS and fedex Then it sank on Monday Amazon announced a new initiative to open up its supply chain network to other companies.
Both stocks were down about 10% on Monday. The companies did not respond to requests for comment.
Amazon’s stock price remained almost unchanged.
The tech company’s Amazon Supply Chain Services will enable companies across multiple industries to use Amazon’s supply chain and logistics to move and deliver products and materials.
This is part of Amazon’s continued service growth. The announcement could make Amazon a major player next to UPS and FedEx, opening up more than 100 freight plans and a large warehouse network.
According to Amazon, major retailers include: procter and gamble, 3MLand’s End, american eagle outfitters I’ve already signed up for a new program.
