CMA CGM completes USD 1.4 billion acquisition of FedEx Supply Chain

By Public Technologies
  • CMA CGM completed the acquisition of FedEx Supply Chain from FedEx at an enterprise value of USD 1.4 billion.
  • The deal nearly triples CEVA Logistics’ North American contract logistics footprint, adding about 34 million square feet of warehouse space.
  • The combined operation runs about 150 warehouses, expanding CEVA’s North America network to more than 240 locations.
  • FedEx Supply Chain brings nearly 10,000 employees, lifting CEVA’s regional workforce to about 20,000.
  • Separate multi-year agreements make CMA CGM a preferred, non-exclusive ocean carrier for FedEx, with planned air cargo cooperation on key routes.


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