CMA CGM closes $1.4 billion FedEx Supply Chain acquisition

· Shipping · United States · France

CMA CGM completed its $1.4 billion purchase of FedEx Supply Chain, nearly tripling CEVA's North American contract logistics capacity. The deal strengthens its integrated logistics services in the US and Canada.

Why it matters：The acquisition expands a major container line deeper into contract logistics, intensifying competition among integrated carriers and logistics providers in North America.

Key points

  • Deal value was $1.4 billion
  • CEVA's North American contract logistics capacity nearly triples
  • Aims to strengthen integrated logistics in the US and Canada

Sources (original reporting)

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