Shipping & Freight #cma cgm#fedex
CMA CGM Acquires FedEx Supply Chain in $1.4 Billion Deal to Expand US Logistics
CMA CGM has agreed to acquire FedEx Supply Chain for $1.4 billion, folding it into its CEVA Logistics arm. The deal nearly triples CEVA's North American contract logistics footprint, adding 10,000 employees and 150 warehouses. CMA CGM will also become a preferred ocean carrier for FedEx under multi-year agreements covering ocean and air freight.
Jul 1, 2026 1 source