CMA CGM completes $1.4bn FedEx Supply Chain acquisition
· Logistics · France · United States
CMA CGM closed its $1.4 billion acquisition of FedEx Supply Chain, nearly tripling CEVA's North American contract logistics capacity. The deal strengthens the French group's integrated logistics services across the US and Canada.
Why it matters：It accelerates consolidation in contract logistics, pressuring rival ocean carriers and 3PLs to scale up integrated services as shippers demand end-to-end control.
Key points
- Deal nearly triples CEVA's North American contract logistics capacity.
- Strengthens CMA CGM's integrated logistics offering in the US and Canada.
- Follows the carrier's strategy of expanding beyond ocean shipping into end-to-end logistics.
Sources (original reporting)
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