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CMA CGM Acquires FedEx Supply Chain Division for $1.4B

CMA CGM has acquired FedEx Supply Chain for $1.4 billion, integrating the unit into its Ceva Logistics subsidiary. The deal consolidates contract logistics operations under CMA CGM's portfolio of supply chain services. The companies have also established commercial agreements targeting select air cargo capacity. The move allows CMA CGM to expand its end-to-end logistics offerings, combining warehousing, distribution, and customization capabilities. The transaction reflects broader industry consolidation as carriers build integrated supply chain infrastructure.