CMA CGM Acquires FedEx 3PL Arm for $1.4B in Major Consolidation

CMA CGM Acquires FedEx 3PL Arm for $1.4B in Major Consolidation

CMA CGM, the world's third-largest container shipping line, is acquiring FedEx's third-party logistics (3PL) arm for $1.4 billion, representing a significant consolidation move in the global logistics