Tag: FedEx

CMA CGM Acquires FedEx Supply Chain for $1.4 Billion

On July 1, 2026, CMA CGM disclosed it had finalized an arrangement to purchase FedEx Supply Chain, a unit...

FedEx sells supply chain unit to CMA CGM for $1.4B

France-based container shipping and logistic giant CMA CGM Group has agreed to acquire FedEx Supply Chain, the contract logistics...

FedEx Freight ‘hunting’ for new, high-margin freight amid volume decline

‘Acute’ truckload capacity shortage seen pushing up LTL demandAs truckload capacity in the US gets tighter and rates move...

FedEx Reaches Tentative Labor Deal with Pilots

FedEx has reached a tentative agreement with the union representing its pilots, in a new collective bargaining deal following...

CMA CGM hires FedEx executive Moebel to lead Ceva Logistics

Ocean shipping and logistics conglomerate CMA CGM late Wednesday named former FedEx executive Patrick Moebel to lead Ceva Logistics,...

CMA CGM acquires FedEx Supply Chain in $1.4 billion deal

The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North...

CMA CGM Reportedly Nears $1.4 Billion Deal for FedEx Supply Chain

CMA CGM is reportedly nearing a $1.4 billion acquisition of FedEx Supply Chain, a move that would expand its...

FedEx Pilots Ratify New Collective Bargaining Agreement

The FedEx Master Executive Council (MEC), represented by the Air Line Pilots Association, International (ALPA), on June 9 reported...