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CMA CGM Buys FedEx Supply Chain for $1.4 B

7/2/2026

Summary

CMA CGM Acquires

CMA CGM Group will acquire FedEx Supply Chain, a FedEx subsidiary, for $1.4 billion in 2026.
The purchase adds nearly 10,000 FedEx employees to CEVA Logistics, raising its workforce to about 20,000.
Combined operations will run roughly 150 warehouses across more than 240 locations.
CMA CGM will become FedEx’s preferred ocean carrier under a non-exclusive multiyear agreement.
The firms will cooperate on select air-cargo capacity solutions to improve utilization.

Summary

FedEx Acquires

The company pledged a $20 billion investment in U.S. warehousing, air cargo and logistics starting in 2025.
FedEx completed the spin-off of FedEx Freight on June 1 to focus on B2B deliveries.
The acquisition will close later this year, pending antitrust and other regulatory approvals.
FedEx will target healthcare, automotive, aerospace and data-center logistics after the deal.
Analysts say the $1.4 billion purchase could reshape North American contract-logistics competition.

Summary

CMA CGM Acquires CEVA

CMA CGM said the acquisition will almost triple CEVA Logistics’ North American contract-logistics volume.
FedEx said the sale will streamline its portfolio and position the company as the heartbeat of the industrial economy.
CMA CGM said the deal is a major step in developing CEVA Logistics’ North American operations and integrated supply-chain capabilities.

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CMA CGM Acquires

CMA CGM Group will acquire FedEx Supply Chain, a FedEx subsidiary, for $1.4 billion in 2026.
The purchase adds nearly 10,000 FedEx employees to CEVA Logistics, raising its workforce to about 20,000.
Combined operations will run roughly 150 warehouses across more than 240 locations.
CMA CGM will become FedEx’s preferred ocean carrier under a non-exclusive multiyear agreement.
The firms will cooperate on select air-cargo capacity solutions to improve utilization.

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