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CMA CGM to Buy FedEx Logistics Unit in $1.4 Billion Deal, Expanding Its Presence in the US

CMA CGM to Buy FedEx Logistics Unit in $1.4 Billion Deal, Expanding Its Presence in the US
CMA CGM to Buy FedEx Logistics Unit in $1.4 Billion Deal, Expanding Its Presence in the US
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floriparesort.com – 02 July 2026 | CMA CGM is set to buy FedEx logistics unit in a $1.4 billion deal, expanding its presence in the US supply chain and logistics sector. To buy FedEx logistics unit is a strategic move by the French shipping company, aiming to strengthen its position in the global logistics market. The acquisition is expected to close later this year, subject to regulatory approvals. To buy FedEx logistics unit will enable CMA CGM to triple the size of its logistics arm, CEVA Logistics, and increase its contract logistics footprint in North America.

The deal is part of CMA CGM’s plan to invest $20 billion in the US over four years, as announced by the company’s CEO, Rodolphe Saadé, during a meeting with President Donald Trump. To buy FedEx logistics unit is a major step towards achieving this goal, as it will provide CMA CGM with a significant presence in the US logistics market. The company will also enter into multi-year commercial agreements with FedEx, related to air and ocean freight, which will commence in different phases between now and 2028.

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According to FedEx CEO, Raj Subramaniam, the sale of its logistics unit will enable the company to focus on its core delivery business and increase its expertise in high-value verticals, including healthcare, automotive, aerospace, and data centers. To buy FedEx logistics unit will also allow CMA CGM to become a preferred ocean carrier for FedEx, offering ocean transport and carrier services under a non-exclusive agreement.

The acquisition will nearly triple the size of CEVA Logistics’ North American contract logistics operations, with the combined entity operating approximately 150 warehouses and employing 20,000 people across the continent. To buy FedEx logistics unit will also provide CMA CGM with a comprehensive range of logistics services, including fulfillment, distribution, warehousing, and transportation management.

In conclusion, the acquisition of FedEx logistics unit by CMA CGM is a significant development in the global logistics market. To buy FedEx logistics unit will enable CMA CGM to expand its presence in the US supply chain and logistics sector, while also providing FedEx with the opportunity to focus on its core delivery business. The deal is expected to have a positive impact on both companies, as well as the broader logistics industry.

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