What is the enterprise value of CMA CGM's acquisition of FedEx's third-party logistics business, and what strategic expansion does it enable?

The enterprise value of the acquisition is $1.4 billion. This deal enables CMA CGM — through its CEVA Logistics subsidiary — to expand its contract logistics presence in North America to approximately 150 warehouses and 20,000 employees.

What post-acquisition commercial partnerships will CMA CGM and FedEx establish, according to the announcement?

Following the acquisition, CMA CGM will become FedEx’s preferred ocean carrier, and the two companies will collaborate on air cargo services.

CMA CGM to Buy FedEx Third-Party Logistics Arm in $1.4 Billion Deal

Jul 1, 2026

CMA CGM has agreed to acquire FedEx's third-party logistics business for $1.4 billion, expanding its North American contract logistics operations to 150 warehouses and 20,000 employees while securing partnership agreements for ocean and air cargo.

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CMA CGM to Buy FedEx Third-Party Logistics Arm in $1.4 Billion Deal

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