CMA CGM to Acquire FedEx Logistics Division in $1.4 Billion Transaction

French shipping and logistics group CMA CGM has agreed to acquire the third-party logistics arm of US parcel giant FedEx in a deal valued at $1.4 billion. The transaction marks one of the most significant moves in CMA CGM's ongoing expansion beyond ocean freight into end-to-end supply chain services.

Expanding the Supply Chain Footprint

The acquisition adds FedEx Logistics' portfolio of freight forwarding, customs brokerage, and supply chain management services to CMA CGM's growing network. By combining the carrier's ocean and inland transport capabilities with FedEx's established logistics customer base, the French group aims to offer clients a more integrated set of services from origin to final delivery.

The deal positions CMA CGM more directly against major integrated logistics providers and reflects a broader industry trend in which ocean carriers are diversifying into higher-margin, asset-light businesses.

What the Transaction Includes

FedEx Logistics operates across more than 170 countries, handling freight forwarding, trade services, and specialized transportation. Under the agreement, CMA CGM will take over these operations while FedEx continues to focus on its core express parcel delivery business.

• Freight forwarding and customs brokerage operations across global markets
• Supply chain solutions serving a wide range of industries
• Integration into CEVA Logistics, CMA CGM's existing logistics subsidiary

Industry Context

The move comes as shipping lines face volatile freight rates and growing pressure to stabilize earnings through diversified service offerings. The transaction follows other recent industry developments, including MODE Global's recognition for digital freight innovation and leadership changes at firms such as ODW Logistics, highlighting how companies across the sector are reshaping their strategies. Further details on the CMA CGM-FedEx agreement are available in this dedicated report on the transaction.