GoKawiilIn May 2026, Amazon launched Amazon Supply Chain Services, opening its multimodal freight, automated warehousing, and last-mile parcel delivery network to any company that wants to use it. The first publicly named enterprise customers are Procter & Gamble, 3M, Lands’ End, and American Eagle Outfitters.
Amazon spent $83 billion in capex in 2024, more than seven times the combined capex of UPS, FedEx, and the U.S. Postal Service. I know. Not all of that is logistics-related.
Read it next to the other parcel-economics story of 2026. On UPS’s January 27 earnings call, CFO Brian Dykes told investors UPS would eliminate up to 30,000 positions this year. In February, the company identified 22 union-staffed package facilities for closure, the next tranche of a plan to shut up to 200 facilities by 2030. Across that same window, UPS continued to draw down its Amazon volumes toward a 50% cut by mid-year.
The conventional read of Amazon Supply Chain Services (ASCS), “Amazon expands again,” misses what is happening.
The story is not about logistics.
It is about what Amazon does to its own cost centers, and what that has historically meant for everyone in the cost center next door.
Amazon has built three businesses by accident.
ASCS is the third.
The Pattern Amazon Has Now Run Three Times
Start with Amazon Marketplace.
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