Amazon fully enters the third-party logistics market, transportation sector under collective pressure

Zhitong
2026.05.04 15:45

Amazon announced the expansion of its logistics services, opening its delivery network to third-party companies, leading to a significant decline in the U.S. stock transportation sector. FedEx and UPS saw their stock prices drop by more than 9% and 9.7%, respectively. Amazon's move is seen as a direct challenge to traditional courier companies and could become a "watershed" moment for the North American freight transportation industry. Analysts point out that this integration of services will have a profound impact on the U.S. logistics industry

According to the Zhitong Finance APP, on Monday, the U.S. stock transportation sector fell sharply after Amazon (AMZN.US) announced the expansion of its logistics services, officially opening its delivery network to third-party businesses, which the market views as a direct challenge to traditional express and freight companies. Amazon's stock price hit a historic high of $276.1 during intraday trading.

In response to this news, FedEx (FDX.US) saw its stock price drop over 9%, marking the largest single-day decline in more than a year; UPS (UPS.US) saw its intraday decline widen to over 9.7%. Meanwhile, logistics companies such as Forward Air (FWRD.US) and GXO Logistics (GXO.US) recorded double-digit declines, with several trucking companies' stock prices under pressure, including Old Dominion Freight Line (ODFL.US), which fell more than 5%.

Amazon stated that it will open its logistics network to non-platform sellers, providing integrated services including freight, warehousing distribution, fulfillment, and package delivery. The service targets manufacturing and retail companies, such as 3M (MMM.US) and Lands' End.

For a long time, Amazon has been continuously investing in building its logistics system, initially aimed at improving the delivery efficiency and timeliness for platform sellers. Now, the company is attempting to commercialize its vast warehousing and transportation network, utilizing idle capacity to provide services externally, thereby expanding its business boundaries.

Morgan Stanley analysts pointed out that this move could become a "watershed" for the North American freight transportation industry. Air freight companies and package delivery firms will be the first to be impacted, while trucking, rail, maritime, and warehousing operators also face potential shocks.

Nate Skiver, founder of logistics consulting firm LPF Spend Management, stated that Amazon has gradually been exporting its supply chain capabilities in recent years, and this integration of end-to-end services and unified market launch will have a profound impact on the U.S. logistics industry landscape

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