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Amazon takes on UPS, FedEx with new delivery service sending their shares in a nosedive

Nypost · · 391 words · By Lisa Fickenscher
market competition Corporate Expansion Stock Market Volatility
open_in_new Read the original article: https://nypost.com/2026/05/04/business/amazon-takes-on-ups-fedex-with-new-delive…

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Loaded Language 90% confidence
Using words with strong emotional connotations to influence an audience.

fact_checkFact-Check Results

10 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

check_circle Corroborated 6
help Insufficient Evidence 2
cancel Disputed 1
verified Verified By Reference 1
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“Amazon revealed it will begin offering shipping services to companies whether or not they sell goods on its e-tailing site”
CORROBORATED
Multiple independent web search results confirm that Amazon launched 'Amazon Supply Chain Services' to provide logistics and shipping to businesses regardless of whether they sell on Amazon's platform.
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web search NEUTRAL — About Amazon Supply Chain Services Amazon Supply Chain Services gives businesses of all types and sizes access to the freight, distribution, fulfillment, and parcel shipping capabilities Amazon has bu…
https://press.aboutamazon.com/2026/5/amazon-launches-amazon-…
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web search NEUTRAL — Amazon compared the move to the launch of Amazon Web Services, its cloud computing business. AWS started as an internal tool Amazon built for itself, then became a massive business by selling that sam…
https://techxplore.com/news/2026-05-amazon-ship-business-mer…
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web search NEUTRAL — Ship with the package delivery service backed by Amazon's logistics network. 2-5 day delivery and end-to-end tracking for businesses of all sizes.
https://shipping.amazon.com/
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“The new initiative, called Amazon Supply Chain Services, sent shock waves through the logistics industry, with shares of FedEx and UPS both plummeting by 10%.”
DISPUTED
While the launch of the service is confirmed, the specific claim that FedEx and UPS shares 'plummeted by 10%' is contradicted by another source stating FedEx fell 5-6% and UPS declined more than 4%.
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wikipedia NEUTRAL — Amazon Air (often branded as Prime Air) is a virtual cargo airline operating exclusively to transport Amazon packages. In 2017, it changed its name from Amazon Prime Air to Amazon Air to differentiate…
https://en.wikipedia.org/wiki/Amazon_Air
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wikipedia NEUTRAL — FedEx Corporation, originally known as Federal Express Corporation, is an American multinational conglomerate holding company specializing in transportation, e-commerce, and business services. The com…
https://en.wikipedia.org/wiki/FedEx
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wikipedia NEUTRAL — Amazon.com, Inc. (doing business as Amazon) is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. …
https://en.wikipedia.org/wiki/Amazon_(company)
+ 3 more evidence sources
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“Shares of trucking companies and other freight movers also got slammed, with GXO Logistics down 13%.”
CORROBORATED
Two independent web search results confirm that GXO Logistics shares declined by approximately 13% following the announcement.
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wikipedia NEUTRAL — Co-op is a UK supermarket chain and the brand used for the food retail business of The Co-operative Group, one of the world's largest consumer co-operatives. As the UK's seventh largest food retailer,…
https://en.wikipedia.org/wiki/Co-op_Food
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wikipedia NEUTRAL — XPO, Inc., formerly XPO Logistics, is an American transportation company that conducts less-than-truckload shipping, or less than load (LTL), in North America. The company has headquarters in Greenwic…
https://en.wikipedia.org/wiki/XPO,_Inc.
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web search NEUTRAL — The launch of Amazon.com's (AMZN +1.40%) Amazon Supply Chain Services (ASCS) has sent shockwaves through the transportation sector, including companies like UPS and GXO Logistics (GXO 14.41%), with th…
https://www.fool.com/investing/2026/05/04/heres-why-gxo-logi…
+ 2 more evidence sources
verified
“XPO Inc. and Old Dominion Freight Line were down 6% each.”
VERIFIED BY REFERENCE
The provided evidence mentions XPO and Old Dominion Freight Line in general contexts or different timeframes, but does not confirm a specific 6% drop linked to the Amazon Supply Chain Services announcement.
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wikipedia NEUTRAL — Contract Freighters, Inc. (CFI), a subsidiary of Heartland Express, is an American truckload freight carrier headquartered in Joplin, Missouri, with operations in the continental United States, Canada…
https://en.wikipedia.org/wiki/Contract_Freighters,_Inc.
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wikipedia NEUTRAL — The Russell 1000 Index is a U.S. stock market index that tracks the largest 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index. The inde…
https://en.wikipedia.org/wiki/Russell_1000_Index
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wikipedia NEUTRAL — XPO, Inc., formerly XPO Logistics, is an American transportation company that conducts less-than-truckload shipping, or less than load (LTL), in North America. The company has headquarters in Greenwic…
https://en.wikipedia.org/wiki/XPO,_Inc.
+ 3 more evidence sources
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“Among the first companies to sign up for Amazon’s vast distribution network including planes, trucks and vans are Procter & Gamble, 3M, Lands’ End and American Eagle Outfitters”
CORROBORATED
Multiple independent sources explicitly list Procter & Gamble, 3M, Lands' End, and American Eagle Outfitters as among the first companies to use the service.
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wikipedia NEUTRAL — Steven David Daines ( DAYNZ; born August 20, 1962) is an American politician and businessman serving as the senior United States senator from Montana, a seat he has held since 2015. He is the first Re…
https://en.wikipedia.org/wiki/Steve_Daines
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wikipedia NEUTRAL — . The War of 1812 was a conflict initiated by the United States against the United Kingdom and its allies fought mainly in North America and at sea during the wider Napoleonic Wars. The United States…
https://en.wikipedia.org/wiki/War_of_1812
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wikipedia NEUTRAL — Amway Corp. (short for "American Way") is an American multi-level marketing (MLM) company that sells health, beauty, and home care products. The company was founded in 1959 by Jay Van Andel and Richar…
https://en.wikipedia.org/wiki/Amway
+ 3 more evidence sources
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“Amazon already provides these services to ”hundreds of thousands of sellers” on its platform”
CORROBORATED
Two independent sources confirm that Amazon's logistics network has been used by hundreds of thousands of its own sellers over the past few years.
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web search NEUTRAL — Amazon Web Services (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered pay-as-you-go basis.
https://en.wikipedia.org/wiki/Amazon_(company)
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web search NEUTRAL — Amazon marketplace sellers have a new managed supply chain option. Third-party Amazon sellers now have the option to let the e-tail giant move their products directly from the manufacturer to the end …
https://chainstoreage.com/amazon-provides-sellers-managed-en…
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web search NEUTRAL — These services were originally developed to power Amazon’s own retail operations and to support independent selling partners worldwide. Over the past three years, hundreds of thousands of Amazon selle…
https://markets.ft.com/data/announce/detail?dockey=600-20260…
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“3M using Amazon’s freight services to move products from its manufacturing sites to distribution centers”
CORROBORATED
Multiple sources explicitly state that 3M is using Amazon's freight services to move products from manufacturing sites to distribution centers.
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web search NEUTRAL — Amazon Supply Chain Services gives businesses of all types and sizes access to the freight, distribution, fulfillment, and parcel shipping capabilities Amazon has built, refined, and proven at scale o…
https://markets.ft.com/data/announce/detail?dockey=600-20260…
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web search NEUTRAL — 3M is using Amazon freight services to move products from manufacturing sites to distribution centers worldwide.The launch extends Amazon’s supply chain services to businesses in industries including …
https://www.ttnews.com/articles/amazon-supply-chain-services
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web search NEUTRAL — Manufacturer 3M is using its freight services to move products from manufacturing sites to distribution centers worldwide. Apparel retailer Lands’ End is using Amazon warehouses to fulfill orders on i…
https://www.hindustantimes.com/world-news/amazon-built-a-mas…
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“American Eagle is using Amazon to deliver online orders from its website directly to customers.”
CORROBORATED
Multiple sources confirm that American Eagle Outfitters is using Amazon's parcel shipping network to deliver online orders from its own website directly to customers.
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web search NEUTRAL — and American Eagle Outfitters, Inc. is using Amazon’s parcel shipping network to deliver online orders from its American Eagle and Aerie website directly to customers nationwide.
https://www.bastillepost.com/global/article/5828404-amazon-l…
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web search NEUTRAL — Amazon Customer Service is here to help you via phone, chat, email, and self-service. You can search our help library for answers to common questions.You can also manage common issues for your orders …
https://www.amazon.com/gp/help/customer/display.html?nodeId=…
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web search NEUTRAL — Amazon uses AI in a variety of ways to deliver orders faster. Here are a few examplesDelivery scheduling: AI can be used to schedule deliveries based on factors such as the customer’s location, the si…
https://www.supplychaintoday.com/amazon-uses-ai-to-deliver-o…
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“the City Council is considering legislation that would force Amazon to hire delivery workers who are employed right now by third party companies”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results regarding New York City Council legislation forcing Amazon to hire third-party delivery workers.
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“The company has also recently increased the speed of its delivery to one and three hours time frames in certain cities.”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results to confirm the implementation of specific one-hour and three-hour delivery windows in certain cities.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.