Business

Amazon's Logistics Expansion

Updated 2026-06-10 14:10 UTC 1 source Negative

Amazon is expanding its in-house logistics services, which could pose a significant threat to existing freight companies. The move has sparked a selloff in related stocks.

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CNBC

Amazon trucking expansion sparks freight stock selloff

Amazon has been spinning out more of its in-house logistics offerings for others to access, posing a growing threat to industry incumbents.

2026-06-10 13:50 UTC