According to Air Cargo News, the CMA CGM Group has completed its acquisition of FedEx Supply Chain at an enterprise value of $1.4bn.
Strategic Air and Ocean Collaboration
The acquisition, first announced in July, triggers multi-year commercial agreements between the CMA CGM Group and FedEx covering air and ocean freight. The two companies will collaborate on an air cargo capacity agreement targeting key strategic routes, including Asia–Europe, to strengthen their respective global networks, improve aircraft utilization, and provide greater flexibility on long-haul routes.
The CMA CGM Group will also become a preferred ocean carrier for FedEx under a non-exclusive agreement, expanding its role beyond container shipping into integrated transport and carrier services. As of 31 May 2025, Federal Express’s global fleet totaled 698 freighters, while CMA CGM Air Cargo operated five Boeing 777Fs and one Airbus A330-200F.
North American Logistics Expansion
With the integration of FedEx Supply Chain’s assets and nearly 10,000 team members, CMA CGM’s subsidiary CEVA Logistics is now one of North America’s largest contract logistics providers. The deal triples CEVA’s North American logistics footprint, adding approximately 34 million sq ft of warehouse space.
The combined business operates approximately 150 warehouses and expands CEVA’s presence in North America to more than 240 locations, supported by a workforce of approximately 20,000 people. This scale-up supports CMA CGM’s strategy to deliver end-to-end logistics solutions spanning ocean shipping, terminals, inland transport, warehousing, and value-added services.
Digital Integration and Sector Expertise
Beyond physical infrastructure, the acquisition unites complementary digital and operational capabilities, accelerating the deployment of automation and robotics across the North American network. It also deepens CEVA’s sector expertise in healthcare, technology, consumer, and retail — enhancing its ability to manage complex, end-to-end supply chains across the United States and Canada.
“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
Source: Air Cargo News
Compiled from international media by the SCI.AI editorial team.
