AMAZON OPENS LOGISTICS NETWORK TO OTHER BUSINESSES
Amazon launched Supply Chain Services, allowing external companies to tap into its logistics infrastructure for storing and delivering raw materials and finished products. The move expands Amazon's existing logistics capabilities beyond its own retail operations.
Deborah Sophia / Reuters: Amazon debuts Supply Chain Services, allowing other companies to use its logistics network to…
The first to sign up are P&G, 3M, Lands' End and American Eagle.
The new service, called Amazon Supply Chain Services, pits the e-commerce giant directly against UPS and FedEx.
Amazon.com Inc. unveiled a suite of logistics services that mostly repackages what it was already offering to businesses…
US transportation stocks plunged Monday after Amazon.com Inc. announced expanded logistics offerings that will turn it i…