US stocks today: Amazon opens up logistics network to other businesses in challenge to UPS, FedEx

Amazon is entering the logistics market. It will now offer its vast network for businesses to store and ship goods. This move directly challenges established players like UPS and FedEx. Companies can use Amazon's services for all their sales channels. This expansion targets the profitable business-to-business shipping sector. Amazon aims to transform logistics into an infrastructure product.

from Markets-Economic Times https://ift.tt/iF5AeqP
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