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FedEx, UPS Shares Sink on 'Watershed' Amazon Logistics Move
US transportation stocks plunged Monday after Amazon.com Inc. announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies, and also impact truckers and third-party brokers. Bloomberg's Lee Klaskow joins Bloomberg Intelligence to discuss. (Source: Bloomberg)
↗https://www.bloomberg.com/news/videos/2026-05-04/fedex-ups-sink-on-watershed-amazon-logistics-move-video
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