News
Amazon LTL Freight Launch Is Pothole For These S&P 500 Stocks
Licensing
11:42 AM ET 06/10/2026
Amazon.com muscled into the less-than-truckload (LTL) freight business on Wednesday, driving S&P 500 members FedEx Freight (FDXF) and Old Dominion Freight Lines (ODFL) into a pothole. However, the freight stocks bounced back off early lows as investors saw a relatively modest near-term threat. Amazon stock remained under pressure amid recent technology stock weakness. The news wasn't a real surprise, given…
