CMA CGM’s $1.4B FedEx Supply Chain Buy Triples Ceva’s NA Network to 240+ Sites

What happened?

1. CMA CGM agreed to acquire FedEx Supply Chain for $1.4 billion.
2. The deal nearly triples Ceva Logistics’ North American contract logistics operations, adding about 10,000 employees and 150 warehouses.
3. Combined Ceva North American footprint will exceed 240 locations with a workforce of 20,000 people.
4. CMA CGM and FedEx will enter multi-year commercial agreements for ocean (CMA CGM as preferred carrier) and air cargo collaboration.
5. FedEx Supply Chain provides third-party logistics services including warehousing, distribution, and fulfillment.
6. CMA CGM agreed to buy FedEx Supply Chain for $1.4 billion.

The $1.4 billion acquisition adds 10,000 employees and 150 warehouses to Ceva Logistics, creating a 20,000-person workforce across more than 240 North American facilities. Multi-year ocean and air cargo partnerships expand integrated service offerings.

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