Once the deal for FedEx Supply Chain is complete, the two companies also plan to solidify multiyear ocean and air freight ...

FedEx Corp. said it agreed to sell a supply chain subsidiary to French container shipping company CMA CGM Group in a deal with an enterprise value of $1.4 billion.

The sale of FedEx Supply Chain nearly triples Ceva Logistics' North American contract logistics footprint while sharpening ...

CMA CGM FedEx Deal - institutional positioning, allocation, and portfolio rotation. French shipping and logistics conglomerate CMA CGM is reportedly closing in on a $1.4 billion deal to acquire a ...

French shipping group aims to expand in US and strengthen foothold in supply chain ...

Marseille, France-based shipping mammoth, CMA CGM has announced to buy FedEx’s third-party logistics business for USD 1.4 ...

French liner giant CMA CGM has agreed to acquire FedEx’s third-party logistics business for about $1.4bn in cash. The acquisition, expected to close in 2026, will nearly triple the size of the North ...

FedEx Corp. (NYSE:FDX) said it agreed to sell FedEx Supply Chain to French container shipping group CMA CGM in a deal carrying an enterprise value of $1.4 billion. The transaction would expand CMA CGM ...

French shipping giant CMA CGM has agreed to acquire FedEx's third-party logistics business for an enterprise value of $1.4 billion in cash, the company confirmed Wednesday, July 1, stripping FedEx of ...

FedEx is selling off its supply chain services division to CMA CGM, which will fold the business into its Ceva Logistics subsidiary.

FedEx Corp. said it has agreed to sell its FedEx Supply Chain unit to the CMA CGM Group for $1.4 billion. The deal, expected ...