CMA CGM is acquiring FedEx Supply Chain for $1.4 billion, tripling CEVA Logistics’ North American contract logistics capacity to ~150 warehouses and 20,000 employees. Meanwhile, Mexico’s April 2026 freight trade with the U.S. hit $86 billion (+23.4% YoY), lifting total North American cross-border freight to $150.8 billion — a 19.4% rise. Mexico also rolled out its corporate customs agency model nationwide across all 50 customs offices and deepened customs cooperation with South Korea. The Mayan Train freight network is now 54% complete.
According to mexicobusiness.news, CMA CGM Group has agreed to acquire FedEx Supply Chain for an enterprise value of US$1.4 billion, while Mexico’s cross-border freight trade with the United States reached US$86 billion in April 2026 — a 23.4% year-on-year increase that helped lift total North American freight flows by 19.4%.
CMA CGM Expands North American Contract Logistics Footprint
The acquisition of FedEx Supply Chain will be executed through CMA CGM’s subsidiary CEVA Logistics and is expected to nearly triple CEVA’s North American contract logistics operations. Upon closing, the combined business is projected to operate approximately 150 warehouses and employ about 20,000 people across more than 240 locations in the region. The deal underscores CMA CGM’s strategic pivot toward integrated end-to-end logistics solutions beyond ocean shipping — particularly in nearshoring corridors anchored by Mexico and the U.S.
Mexico Drives Regional Freight Growth
Freight moving between the United States, Mexico, and Canada totaled US$150.8 billion across all transport modes in April 2026, according to the U.S. Bureau of Transportation Statistics (BTS). Of that sum, trade with Mexico accounted for more than half — US$86 billion — while U.S.-Canada freight reached US$64.8 billion, up 14.4% compared to April 2025. This growth reflects sustained manufacturing relocation, automotive supply chain reconfiguration, and expanded maquiladora exports, particularly in electronics and auto parts.
Customs Modernization Accelerates Nationwide
Mexico has launched the corporate customs agency model nationwide, authorizing legal entities to act as customs agencies across all 50 customs offices in the country. The initiative was jointly announced by the Ministry of Economy (SE), the National Customs Agency of Mexico (ANAM), and the Tax Administration Service (SAT). It replaces legacy individual licensing with institutional accreditation, aiming to improve compliance consistency, reduce clearance times, and standardize digital submissions under the Single Window for Foreign Trade (VUCEM).
Deepening Bilateral Logistics Cooperation
Mexico and South Korea have formalized deeper customs and logistics cooperation to support South Korean companies operating in Mexico — including Hyundai, Kia, and LG Electronics — and to explore joint opportunities linked to the Interoceanic Corridor of the Isthmus of Tehuantepec. The agreement includes mutual recognition of Authorized Economic Operator (AEO) status, harmonization of risk-assessment protocols, and technical training exchanges coordinated by ANAM and Korea’s Ministry of Economy and Finance.
Mayan Train Freight Network Progresses
Construction of Mexico’s Mayan Train freight network has reached 54% completion, advancing efforts to link southeastern production centers — notably in Quintana Roo, Yucatán, and Campeche — with deep-water ports such as Progreso and Chetumal, industrial parks in Cancún and Mérida, and national rail interchanges. The freight corridor is designed to handle containerized agricultural exports, automotive components, and tourism-related logistics, with full operational launch targeted for late 2027.
Source: mexicobusiness.news
Compiled from international media by the SCI.AI editorial team.
