In a major strategic move reshaping the global logistics landscape, France’s CMA CGM Group announced Wednesday it will purchase FedEx Supply Chain, FedEx’s third-party logistics division, in a $1.4 billion deal designed to supercharge the shipping giant’s presence across the United States market.
The acquisition is set to triple the scale of CMA CGM’s existing logistics subsidiary CEVA Logistics, and will cement the company’s position as a leading contract logistics provider across North America, according to statements from the firm. This purchase aligns with CMA CGM’s previously announced 2025 commitment to inject $20 billion into U.S.-based infrastructure over four years, with investments earmarked for warehousing, air cargo operations and end-to-end logistics networks.
Beyond the acquisition of FedEx Supply Chain, the two companies have also revealed plans to enter into long-term multiyear commercial partnerships covering both air and ocean freight services. For CMA CGM chief executive Rodolphe Saadé, the transaction underscores the group’s enduring dedication to growing its U.S. footprint while strengthening the reliability and productivity of American supply chains.
Memphis-based FedEx, for its part, has been streamlining its corporate portfolio in recent months to refocus on its core package delivery operations, shifting priority to higher-margin business-to-business delivery services serving high-growth sectors including healthcare, automotive manufacturing, aerospace and data center infrastructure. Earlier this year on June 1, the company completed the independent spinoff of FedEx Freight, its less-than-truckload and bulk cargo division, as part of this strategic restructuring.
The acquisition is on track to close in the final months of 2025, pending mandatory regulatory approvals from U.S. authorities. The separate air and ocean freight commercial agreements are scheduled to be finalized in incremental phases between 2026 and 2028, bringing the full strategic partnership into force over the next three years.