According to The Loadstar, CMA CGM announced on 1 October 2026 that it has completed its $1.4bn acquisition of FedEx Supply Chain, the contract logistics business formerly owned by FedEx.
Expanded North American footprint
The deal integrates FedEx Supply Chain into CEVA Logistics, CMA CGM’s contract logistics arm, and nearly triples CEVA’s North American warehouse presence. According to CMA CGM, the addition brings approximately 34m sqft of warehouse space, operations across 150 warehouses, and around 20,000 employees in the region.
The expansion marks a strategic pivot toward less-cyclical logistics services. Rodolphe Saadé, chairman and chief executive of the CMA CGM group, stated:
“The completion of this acquisition marks an important step in the development of CMA CGM and CEVA Logistics in North America. By significantly expanding our contract logistics capabilities, we are strengthening our ability to offer customers integrated, end-to-end supply chain solutions across ocean, air, land and logistics.” — Rodolphe Saadé, chairman and chief executive of the CMA CGM group
This move reinforces CMA CGM’s long-term investment commitment to the US, which the company identifies as a strategic growth market. The integration supports broader goals of enhancing supply chain resilience and operational efficiency across domestic and cross-border flows.
Multi-year commercial agreements with FedEx
As part of the transaction, FedEx has entered into multi-year commercial agreements with both CMA CGM’s ocean freight operations and CMA CGM Air Cargo. Under these arrangements, CMA CGM becomes a preferred ocean carrier for FedEx under a non-exclusive agreement.
The companies also plan to collaborate on an air cargo capacity agreement covering key strategic routes, including Asia-Europe. According to a CMA CGM statement, this cooperation aims to strengthen global networks, improve aircraft utilisation, and provide greater flexibility on long-haul routes.
Under the proposed air cargo framework, CEVA Logistics could gain access to FedEx’s broader capacity network — potentially including freighter space purchased from third-party airlines. Neither party has clarified final terms, but such access would allow CMA CGM to scale its air freight offering without acquiring scarce freighter aircraft.
Source: The Loadstar
Compiled from international media by the SCI.AI editorial team.
