UPS Stock Plummets as Amazon Launches ASCS

UPS stocks plummet as Amazon launches Amazon Supply Chain Services, targeting UPSs SMB market. UPS plans to reduce Amazon deliveries, focusing on higher-margin routes. Investors worry ASCS could disrupt UPSs pricing power, with early customers like 3M and P&G. SMBs may switch for cheaper options, threatening UPSs market share. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d03fd3f95872bf1d

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