NewsTelemundo 51 Miami – MainJuly 1, 2026Miami-Dade
CMA CGM to Acquire FedEx Supply Chain for $1.4 Billion
French shipping giant CMA CGM has agreed to purchase FedEx's third-party logistics division, FedEx Supply Chain, for $1.4 billion to expand its North American operations. The deal is expected to close later this year, pending regulatory approval, and includes plans for long-term commercial shipping agreements.
Read the full story at Telemundo 51 Miami – MainWhy It Matters
This acquisition will significantly consolidate the logistics market in North America by merging a major global shipping firm with a key domestic supply chain provider, potentially altering service options for businesses in the healthcare, automotive, and aerospace sectors.
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