May. 4 at 2:44 PM
$AMZN to open its supply-chain network that has powered its ops for decades to other businesses, pitting it directly against logistics heavyweights such as
$UPS ^&
$FDX
"Amazon Supply Chain Services" will allow companies across industries such as retail, healthcare and manufacturing to use the tech giant's freight network spanning ocean, road, rail and air to move, store & deliver everything from raw materials to final products
W/ this, Amazon will unlock a new growth opportunity for its e-comm unit, building on a service that supports thousands of independent 3rd-party sellers worldwide
W/ a fleet of more than 100 cargo planes, a fleet of over 80,000 trailers & more than 24,000 intermodal containers, along w/ a vast network of warehouses & sorting hubs, Amazon's move could make it a key logistics player & intensify competition on pricing & speed
Amazon to convert logistics from a cost burden into an infrastructure product - similar to AWS
Amazon has already signed on Procter & Gamble, 3M & American Eagle Outfitters
