cma-cgm-fedex
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 ...
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CMA CGM Group has signed an agreement to acquire FedEx’s Supply Chain arm for $1.4 billion. The acquisition, expected to close in 2026, would nearly triple the size of the North American contract logistics operations of its CEVA Logistics subsidiary.
The combined entity would operate about 150 warehouses, with a combined ...
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