{"id":44512,"date":"2026-07-01T17:42:21","date_gmt":"2026-07-01T17:42:21","guid":{"rendered":"https:\/\/www.europesays.com\/france\/44512\/"},"modified":"2026-07-01T17:42:21","modified_gmt":"2026-07-01T17:42:21","slug":"french-shipping-giant-to-buy-fedex-supply-chain","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/44512\/","title":{"rendered":"French shipping giant to buy FedEx supply chain"},"content":{"rendered":"<p>01 July 2026 19:26<\/p>\n<p dir=\"ltr\">French shipping and logistics group CMA CGM has agreed to acquire FedEx Supply Chain, the third-party logistics business of FedEx, in a deal with an enterprise value of $1.4 billion, the company announced.<\/p>\n<p dir=\"ltr\">The acquisition is expected to be completed later this year and will significantly expand CMA CGM&#8217;s logistics footprint in North America through its subsidiary, CEVA Logistics, Reuters <a style=\"color: rgb(53, 152, 219);\" href=\"https:\/\/www.reuters.com\/legal\/transactional\/cma-cgm-buy-fedex-third-party-logistics-arm-14-billion-deal-2026-07-01\/\" target=\"_blank\" rel=\"noopener nofollow\">reports<\/a>.<\/p>\n<p dir=\"ltr\">Following the transaction, CEVA Logistics will operate approximately 150 warehouses and employ around 20,000 people in its North American contract logistics business.<\/p>\n<p dir=\"ltr\">In a statement, CMA CGM said the companies also intend to establish long-term commercial partnerships after the acquisition. Under the planned arrangements, CMA CGM will become FedEx&#8217;s preferred ocean freight carrier, while the two companies will also collaborate in the air cargo sector.<\/p>\n<p dir=\"ltr\">The acquisition forms part of CMA CGM&#8217;s broader strategy to strengthen its position in the global logistics industry and expand its presence in the United States.<\/p>\n<p dir=\"ltr\">Last year, the company announced plans to invest $20 billion in the United States over four years, a move that received praise from US President Donald Trump, whose administration has made the revitalization of the US shipping industry a key policy priority.<\/p>\n<p dir=\"ltr\">In recent years, CMA CGM has also accelerated its diversification beyond ocean shipping by expanding into logistics, port terminal operations, and other non-shipping businesses to reduce its exposure to fluctuations in the maritime freight market.<\/p>\n<p dir=\"ltr\">For its part, FedEx has been streamlining its operations to focus on its core parcel delivery business. Earlier this month, the company completed the spin-off of its trucking division, FedEx Freight.<\/p>\n<p dir=\"ltr\">By Vafa Guliyeva<\/p>\n<p>Caliber.Az<\/p>\n<p>Read more about the key topics in this news story.<\/p>\n<p>Views: 160<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"01 July 2026 19:26 French shipping and logistics group CMA CGM has agreed to acquire FedEx Supply Chain,&hellip;\n","protected":false},"author":2,"featured_media":44513,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13062],"tags":[3975,3657,3656,2213,3976,3979,1277,3978,3977,3974],"class_list":["post-44512","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cma-cgm","tag-analysis-of-azerbaijan","tag-azerbaijan","tag-baku","tag-cma-cgm","tag-important-news-of-azerbaijan","tag-international-experts","tag-interviews","tag-interviews-with-azerbaijani-analysts","tag-news-from-baku","tag-news-of-azerbaijan"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/44512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=44512"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/44512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/44513"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=44512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=44512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=44512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}