Procurement
High ImpactJul 3, 2026CMA CGM Acquires FedEx Logistics Arm for $1.4B
CMA CGM Group, one of the world's largest container shipping companies, is acquiring FedEx's logistics arm in a $1.4 billion transaction that signals major consolidation in the global freight services
AP News#cma-cgm-acquisition#fedex-logistics-sale#shipping-consolidation