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May 5, 2026 4:01 PM

Amazon's Next Gold Mine Is Worth $1.3 Trillion: Transport Stocks Begin Paying For It

Amazon.com Inc. (NASDAQ:AMZN) just opened its entire logistics network to the rest of corporate America, and the bill landed inside the Transportation sector within hours.

Shares of FedEx Corp. (NYSE:FDX), United Parcel Service Inc. (NYSE:UPS) and C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) dropped between 4% and 9% from Monday’s close, while Amazon climbed.

Bank of America sees the launch of Amazon Supply Chain Services as a structural event for U.S. transportation stocks, with internet analyst Justin Post and senior transportation analyst Ken Hoexter warning the rollout will weigh on the listed transports complex for the foreseeable future.

The $1.3 Trillion TAM

BofA estimates the third-party logistics (3PL) market at $1.3 trillion globally, citing Armstrong & Associates.

Each percentage point of market share translates into roughly $13 billion of annual revenue.

Capturing just 1% ...