According to cevalogistics.com, the CMA CGM Group has completed its acquisition of FedEx Supply Chain from FedEx Corp. at an enterprise value of $1.4 billion, effective October 1st, 2026.
Expanded North American logistics capacity
The acquisition nearly triples the North American contract logistics footprint of CEVA Logistics, CMA CGM’s logistics subsidiary. It adds approximately 34 million square feet of warehouse space and integrates nearly 10,000 team members. The combined business now operates approximately 150 warehouses, expanding CEVA’s presence in North America to more than 240 locations with a workforce of approximately 20,000 people.
Strategic integration and sector expertise
Beyond physical scale, the deal combines complementary digital and operational capabilities to accelerate automation and robotics deployment 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. This expansion reinforces CMA CGM’s more than 25-year commitment to investing in the United States.
Multi-year air and ocean freight agreements
In parallel, CMA CGM and FedEx entered into multi-year commercial agreements covering air and ocean freight. Under the terms, CMA CGM becomes a preferred ocean carrier for FedEx under a non-exclusive agreement. The two companies also plan to collaborate on an air cargo capacity agreement on key strategic routes, including Asia-Europe, to improve aircraft utilization and flexibility on long-haul routes.
Leadership perspective
Rodolphe Saadé, Chairman and Chief Executive Officer 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. It also reinforces CMA CGM’s long-term commitment to investing in the United States, a strategic growth market for the Group, and supporting the resilience and efficiency of its supply chain.”
Source: cevalogistics.com
Compiled from international media by the SCI.AI editorial team.
