CMA CGM completes US$1.4 billion FedEx Supply Chain acquisition

CMA CGM has completed its US$1.4 billion acquisition of FedEx Supply Chain, significantly expanding the North American contract logistics operations of its CEVA Logistics subsidiary. FedEx Supply Chain is now joining CEVA Logistics, adding nearly 10,000 employees and approximately 34 million square feet of warehouse space to its operations. The transaction follows the agreement announced […] The p…