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CMA CGM completes acquisition of FedEx Supply Chain

Original: CMA CGM Group completes acquisition of FedEx Supply Chain, strengthening its logistics presence in North America, and enters into multi-year commercial agreements related to air and ocean freight

French shipping group CMA CGM has completed its acquisition of FedEx Supply Chain, expanding its contract logistics footprint across North America. Alongside the deal, the two companies have signed multi-year commercial agreements covering air and ocean freight services. The move deepens CMA CGM's push beyond shipping into end-to-end logistics, while giving FedEx a long-term freight partner.

Why now: A major shipping group expanding into North American logistics through a deal with a household name like FedEx is significant industry news.

CMA CGMFedExFedEx Supply ChainNorth America

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Evidence

• CMA CGM Group completes acquisition of FedEx Supply Chain, strengthening its logistics presence in North America, and enters into multi-year commercial agreements related to air and ocean freight · cmacgm-group.com

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