TNB Tech Minute: Amazon Launches Third-Party Logistics Service
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 4 May 2026
⏱️ 3 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Access to affordable credit helps me pay my employees, but I don't really need it. |
| 0:05.0 | Infliction is killing me! |
| 0:08.0 | But who cares? Big retailers are making record profits! |
| 0:12.0 | That's why we support the Durban Marshall Credit Card Bill! |
| 0:15.0 | See? Banks and credit unions help small businesses make payroll. |
| 0:18.0 | This bill would cut the vital resources they need. |
| 0:25.1 | While increasing megastore profits, they deserve it. Don't they? |
| 0:29.1 | Tell Congress, stop the Durban Marshall money grab for corporate megastores. |
| 0:31.2 | Paid for it by the Electronic Payments Coalition. |
| 0:38.7 | Here's your afternoon, T&B Tech Minute for Monday, May 4th. I'm Julie Chang for the Wall Street Journal. |
| 0:45.6 | We exclusively report that Amazon is opening its global logistics network to more business customers today by launching Amazon supply chain services. Companies from consumer goods manufacturers to apparel retailers |
| 0:52.7 | can now hire Amazon for services such as |
| 0:55.6 | fulfillment, ocean and air shipping, and truck transportation. The move officially makes Amazon |
| 1:01.0 | a third-party logistics provider, competing with the likes of transportation and warehousing |
| 1:05.9 | giants such as DSV, DHL Group, and Kununoggle International. It positions Amazon to take a bigger bite out of the more |
| 1:14.0 | than $1.3 trillion global market for third-party logistic services. Shares of UPS and FedEx slid |
| 1:22.1 | after the Wall Street Journal reported on Amazon's launch. UPS was trading down more than 9%. Meanwhile, FedEx shares are |
| 1:29.6 | also down over 9% on pays for their largest decrease in over a year. The two delivery rivals |
| 1:36.0 | are among the five worst performers in the S&P 500 so far today, according to Dowjo's market data. |
| 1:42.8 | Amazon has already surpassed UPS and FedEx as the |
| 1:46.0 | largest parcel carrier in the U.S. by volume. And BlackBerry's shares are on the rise, |
| 1:52.4 | and a Kanakor Genuity analyst says a widely shared feature story may have helped push the stock higher. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

