On July 1, 2026, CMA CGM announced it had finalized a $1.4 billion deal to acquire FedEx Supply Chain, significantly expanding CEVA Logistics’ operations in North America. This acquisition will triple CEVA's contract logistics activities, increasing its warehouse count to around 150 and its workforce to 20,000. CEVA, a subsidiary of CMA CGM, currently manages 1,000 warehouses and processed 15 million shipments in 2025. The deal aims to enhance CMA CGM's integrated supply chain services and includes plans for multi-year agreements for air and ocean freight, with CMA CGM becoming a preferred ocean carrier for FedEx. The acquisition is expected
to close in 2026, with freight agreements rolling out by 2028. FedEx stated the sale aligns with its strategy to focus on high-value sectors.
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