On July 1, 2026, CMA CGM disclosed it had finalized an arrangement to purchase FedEx Supply Chain, a unit of FedEx Corp., as reported by The Maritime Executive. The transaction, carrying a $1.4 billion enterprise valuation, is set to roughly triple the scale of CEVA Logistics’ contract logistics activities in North America. CEVA Logistics is a subsidiary of CMA CGM.
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Once FedEx Supply Chain is folded in, CEVA Logistics is anticipated to emerge as a dominant contract logistics operator in North America, boasting around 150 warehouses and a total staff of 20,000 individuals. CEVA Logistics, which ranks among the top five globally, currently manages 1,000 warehouses and processed 15 million shipments during 2025. CMA CGM originally acquired CEVA Logistics in 2019 and expanded it via further acquisitions.
Rodolphe Saade, Chairman and CEO of the CMA CGM Group, remarked that the deal bolsters the firm’s capacity to deliver integrated supply chain services to clients. He added that such transactions also underscore the group’s enduring dedication to U.S. investment and to enhancing the robustness and effectiveness of its supply chain.
This purchase is expected to hasten CMA CGM’s approach of offering full end-to-end logistics services. The company also foresees signing multi-year commercial pacts covering air and ocean freight. As part of these, CMA CGM will serve as a favored ocean carrier for FedEx, and the two entities will jointly work on certain air cargo capacity initiatives.
FedEx indicated that the divestiture fits its plan to concentrate on high-value sectors and to refine its portfolio for improved business positioning. This sale comes after the separation of FedEx Freight, which concluded in the prior month.
The closure of the FedEx Supply Chain acquisition is slated for 2026. The air and ocean freight agreements are scheduled to be introduced gradually between now and 2028. CMA CGM has been actively broadening its logistics and terminal operations, strengthening CEVA. Furthermore, Saade had pledged to Donald Trump during a 2025 Oval Office discussion to invest $20 billion in the United States across a four-year span.
