CMA CGM Group announced on July 1, 2026, its agreement to acquire FedEx Supply Chain for $1.4 billion — a deal expected to nearly triple CEVA Logistics’ North American contract logistics operations. The integration brings nearly 10,000 employees and ~150 warehouses into CEVA’s network, expanding its regional presence to 240+ locations and a workforce of 20,000. Rodolphe Saadé, CMA CGM’s CEO, called it a major step in strengthening U.S. supply chain resilience. FedEx CEO Raj Subramaniam said the move allows FedEx to focus on high-value verticals including healthcare and aerospace.
According to cdllife.com, the CMA CGM Group — a global logistics company headquartered in Marseille, France — has agreed to acquire FedEx Supply Chain for $1.4 billion. The deal, announced on July 1, 2026, is expected to close later this year and will significantly expand the North American footprint of CMA CGM’s subsidiary, CEVA Logistics.
Strategic Scale-Up in North America
The acquisition is projected to nearly triple the size of CEVA Logistics’ North American contract logistics operations. By integrating FedEx Supply Chain’s assets and its workforce of nearly 10,000 team members, CEVA Logistics will operate approximately 150 warehouses across the region. The combined entity will serve more than 240 locations with a total North American workforce of 20,000 people.
Leadership Vision and Strategic Rationale
Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, emphasized the strategic importance of the move for U.S. supply chain infrastructure.
“The acquisition and partnership with FedEx represent a major step in the development of CEVA Logistics and our logistics activities in North America. We are strengthening our ability to provide customers with integrated supply chain solutions. These deals also reinforce our long-term commitment to investing in the United States and supporting the resilience and efficiency of its supply chain.” — Rodolphe Saadé, Chairman and CEO of the CMA CGM Group
FedEx leadership framed the divestiture as a portfolio optimization aligned with its vertical specialization strategy. Raj Subramaniam, President and CEO of FedEx, stated that the transaction allows FedEx to sharpen its focus on high-value sectors including healthcare, automotive, aerospace, and data centers.
“Today’s announcement enables FedEx to further increase our focus on providing our unique expertise for high-value verticals, including healthcare, automotive, aerospace and data centers. By streamlining our portfolio, FedEx is better positioned to execute our long-term vision and continue to serve as the heartbeat of the industrial economy, delivering unmatched connectivity, reliability, and value to our customers globally.” — Raj Subramaniam, President and CEO of FedEx
Operational Integration and Market Positioning
CEVA Logistics currently operates across over 160 countries, with established contract logistics capabilities in Europe and Asia. The addition of FedEx Supply Chain’s U.S.-based network — which includes facilities in key industrial corridors such as the Midwest, Southeast, and West Coast — fills a critical geographic gap. The integration will position CEVA Logistics as one of the top three contract logistics providers in North America by warehouse count and headcount, according to internal projections cited in the announcement.
The acquisition follows CMA CGM’s broader expansion strategy: since 2022, the group has acquired seven logistics firms across Europe and Asia, including Bolloré Logistics in 2023 for €5.7 billion — the largest logistics acquisition in European history at the time. Unlike prior acquisitions focused on air and ocean freight, this move marks CMA CGM’s deepest entry into end-to-end contract logistics, particularly warehousing, distribution, and value-added services like kitting and reverse logistics.
Source: cdllife.com
Compiled from international media by the SCI.AI editorial team.
