FedEx Sells CEVA to CMA CGM for $1.4B in Major 3PL Consolidation

FedEx Sells CEVA to CMA CGM for $1.4B in Major 3PL Consolidation

FedEx has divested its CEVA Logistics supply chain unit to ocean and container shipping giant CMA CGM for $1.4 billion, marking a significant consolidation in the third-party logistics (3PL) market. T