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United Parcel Service (UPS) stock tumbled on May 4 after rival Amazon (AMZN) announced the launch of Amazon Supply Chain Services.
Amazon Supply Chain Services opens Amazon's logistics network to all businesses, not just marketplace sellers.
KEY POINTS
- Major companies like Procter & Gamble and 3M are already early adopters of Amazon's new service.
- Amazon's logistics service targets high-margin business-to-business shipping, a core UPS profit segment.
- ASCS integrates AI-powered forecasting and inventory tools, expanding Amazon's offer beyond delivery price.
COMPANIES
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