CMA CGM to Acquire FedEx Supply Chain for $1.4 Billion to Boost North American Logistics Footprint
CMA CGM Group, through its subsidiary CEVA Logistics, is set to acquire FedEx Supply Chain for $1.4 billion, significantly expanding CEVA's North American contract logistics operations to 20,000 employees across over 240 locations. This acquisition will nearly triple CEVA's presence in the region, making …