French container shipping company CMACGMGroup said Wednesday it will buy FedEx Supply Chain, the third-party logistics subsidiary of FedEx for $1.4 billion, as it works to expand in the U.S. CMA CGM Group said the acquisition will triple ... .
CMACGM, like other major shipping carriers, is continuing its efforts to transform its business into an integrated shipping and logistics operation ....
CMACGM and FedEx also expect to enter into ocean and air commercial agreements to support their respective strategies ... Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, stated..
Rodolphe Saad�, CEO of the world's third-largest shipowner, is looking to shore up support for the firm's megaprojects in Algeria as part of its strategy to become the leading player in the central Mediterranean region....
The CMA is looking into the provision of childcare services ... CMA - Competition and Markets Authority published this content on July 01, 2026, and is ...
CMACGM will offer ocean transport and carrier services under a nonexclusive agreement with FedEx and the companies will also work together on select air-cargo capacity solutions ... .
The transaction, announced July 1, would nearly triple the North American contract logistics operations of Ceva Logistics, CMACGM’s logistics subsidiary ... .