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CMA CGM completes acquisition of FedEx Supply Chain

[ October 1, 2026   //   ]

The CMA CGM Group has closed its acquisition of FedEx Supply Chain at an enterprise value of $1.4 billion.

The shipping to logistics group said that it significantly expands its subsidiary CEVA Logistics’ North American contract logistics operations and reinforces its investment in the US.

It added that with the integration of FedEx Supply Chain’s assets and nearly 10,000 team members, CEVA Logistics is now one of North America’s leading contract logistics providers. It triples its logistics footprint in the region, adding some 34 million square feet of warehouse space and the combined business operates approximately 150 warehouses, expanding CEVA’s presence in North America to more than 240 locations with a workforce of about 20,000.

CMA CGM said the acquisition would also accelerate the deployment of automation and robotics across its North American network and deepen CEVA’s expertise in healthcare, technology, consumer and retail, enhancing its ability to manage complex, end-to-end supply chains across the US and Canada.

In parallel, the CMA CGM Group and FedEx have also entered into multi-year commercial agreements for air and ocean freight. CMA CGM will become a preferred ocean carrier for FedEx, offering transport and carrier services under a non-exclusive agreement.

The two companies also plan to collaborate on an air cargo capacity agreement on key strategic routes, including Asia-Europe.

CMA CGM chairman and chief executive Rodolphe Saadé, stated: “By significantly expanding our contract logistics capabilities, we are strengthening our ability to offer customers integrated, end-to-end supply chain solutions across ocean, air, land and logistics. It also reinforces CMA CGM’s long-term commitment to investing in the US, a strategic growth market for the Group, and supporting the resilience and efficiency of its supply chain.”

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