Amazon said its expanded business will offer a more cost-effective shipping option that meets demand for selling partners and vendors. Businesses will be able to ship by pallet and share trailer space for partial loads, rather than having to reserve and pay for a full truckload.

It's a big expansion for Amazon's Supply Chain Services business, which will now let customers move freight ranging from one to six pallets, or between 150 and 15,000 pounds.

The move could take market share away from existing LTL shippers.

Old Dominion Freight Line shares fell 4% to $238.74 on Wednesday. Shares of XPO fell 3.6% to $219.47 and shares of Saia slid 1.9% to $470.08. ArcBest's stock slipped 2.9% to $168.18.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

06-10-26 1117ET

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Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Off-Hours Price	Change	5-day change	Capi.
AMAZON.COM, INC.	248.04USD	-0.78%	+1.08%	2,689B
OLD DOMINION FREIGHT LINE, INC.	230.44USD	-0.57%	-0.49%	48.2B
SAIA, INC.	423.71USD	-1.01%	-0.94%	11.39B
ARCBEST CORPORATION	159.27USD	+0.68%	+5.82%	3.52B
XPO, INC.	212.32USD	+0.81%	+0.55%	24.73B

Latest news about Amazon.com, Inc.

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Chart Amazon.com, Inc.

Duration

Period

AMZN: Dynamic Chart

Company Profile

Amazon.com, Inc. is one of the world leaders in on-line distribution of products to the general public. The group also operates a marketplace activity, allowing individuals and distribution companies to conduct their purchase and selling transactions for goods and services. The activity is organized around three families of products and services: - electronic and computer products: toys, cameras, computers, laptops and peripherals, TVs, stereo systems, readers, wireless communication products, etc. Amazon.com also offers kitchen and garden equipment, clothing, beauty products, etc.; - cultural products: books, musical products, video games and DVDs; - other: primarily Internet interface and application development services. Net sales break down by source of income between sales of services (58.7%) and sales of products (41.3%). Net sales are distributed geographically as follows: the United States (68.3%), Germany (6.4%), United Kingdom (6%), Japan (4.3%) and others (15%).

Employees

1,576,000

Sector

Department Stores

Calendar

Earnings release - Q2 2026

More about the company