CMA CGM expands US logistics footprint with $1.4bn FedEx Supply Chain buy

CMA CGM agreed to acquire FedEx's third‑party logistics unit, FedEx Supply Chain, for about $1.4 billion including debt, boosting CMA CGM’s North American contract logistics via CEVA Logistics and enabling multiyear air and ocean freight contracts around $3.5 billion. The deal, set to close in 2026, supports CMA CGM’s US growth strategy under Rodolphe Saadé while FedEx continues to refocus on its core air‑ground network and recently spun off FedEx Freight; the purchase underscores CMA CGM’s push to expand in the US through logistics, ports, and partnerships.