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UPS and FedEx stocks sank Monday after Amazon announced it was opening up its supply chain network to outside companies.

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Amazon.com ⁠said ⁠on Monday ​it was ‌rolling out "Amazon ‌Supply ⁠Chain Services", ⁠opening up its logistics ​network for ...

Amazon launches Supply Chain Services, opening its logistics stack to third parties and pressuring FedEx/UPS stocks.

Any business can now move, store, and deliver everything from raw materials to finished products using the same supply chain ...