Amazon Supply Chain Services (ASCS) is following the Amazon Web Services (AWS) model and monetizing its delivery infrastructure. AMZN stated that it would “open its freight, distribution, fulfillment and parcel shipping capabilities to businesses of all types and sizes.” ASCS will help clients import overseas deliveries, optimize internal inventory, and fulfill customer orders by using its global delivery network with 2/5-day delivery and 24/7 service. This is a direct hit to Air Freight and Logistics companies’ bottom lines.

Air Freight & Logistics Short Interest

Total short interest in the Air Freight & Logistics sector is $6.0 billion. Up +$700 million in 2026 and +$2.1 billion since the end of 2025.

The most shorted stocks in the sector are United Parcel Service B (UPS US), C.H. Robinson W.W. (CHRW US), and Fedex Corp (FDX US).

Air Freight & Logistics shorts are up +$542 million in one day mark-to-market profits on today’s -9% sector move, cutting year-to-date mark-to-market losses to “just” -$145 million.

On the other hand, Amazon shorts were down -$688 million in one day mark-to-market losses on today’s +1.28% stock price move.

Conclusion

Expect increased short selling driving stock prices in the Air Freight and Logistics sector down further as AMZN ramps up its ASCS offering and begins to negatively affect revenues for the larger logistics companies such as UPS, FDX, EXPD & GXO.

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