Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=h1Mt2cZXVRK Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter FedEx, UPS Shares Sink on ‘Watershed’ Amazon Logistics Move [Cgb0k45ryq6] Health Updated on August 09, 2026 EDT — Published on August 09, 2026 EDT 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. -------- Get more on The Bloomberg Intelligence Podcast On Apple: On Spotify: Anywhere: Follow us on X: Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: Android Auto: Visit our YouTube channels: Bloomberg Podcasts: Bloomberg Television: Bloomberg Originals: Quicktake: UI8ZNRYEuIv Fm5BmoRn0ar cE8S0WZgHE9 d3I33NIsJxb
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. -------- Get more on The Bloomberg Intelligence Podcast On Apple: On Spotify: Anywhere: Follow us on X: Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: Android Auto: Visit our YouTube channels: Bloomberg Podcasts: Bloomberg Television: Bloomberg Originals: Quicktake: UI8ZNRYEuIv Fm5BmoRn0ar cE8S0WZgHE9 d3I33NIsJxb