CMA CGM agrees to buy FedEx Supply Chain for $1.4 billion
فيديكس كورب
FedEx Corporation FDX | 0.00 |
- CMA CGM agreed to buy FedEx Supply Chain from FedEx for an enterprise value of USD 1.4 billion, with closing expected in 2026.
- The deal would nearly triple CEVA Logistics’ North American contract logistics operations, adding FedEx Supply Chain’s assets and nearly 10,000 employees.
- The combined business would run about 150 warehouses, taking CEVA’s North America footprint to 20,000 staff across more than 240 locations.
- FedEx, CMA CGM plan multi-year ocean and air commercial agreements, including a non-exclusive preferred-ocean-carrier arrangement for FedEx.
- Air cargo cooperation would focus on select capacity solutions to lift aircraft utilization and improve long-haul flexibility, phased in through 2028.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CMA CGM SA published the original content used to generate this news brief on July 01, 2026, and is solely responsible for the information contained therein.
