1+ hour, 55+ min ago  (311+ words) Logistics Business CMA CGM to Acquire Fed Ex Supply Chain The CMA CGM Group today announced an agreement to acquire Fed Ex Supply Chain, a subsidiary of Fed Ex Corp, at an enterprise value of $1. 4 billion. The acquisition, expected to…...

2+ hour, 20+ min ago  (91+ words) A broad portfolio of solutions for corporate customers With the "Sustainable Corporate Value Fare, business customers can contribute to saving up to 30 per cent of future CO" emissions by SAF. Across all corporate customer products, around 1, 700 companies worldwide invested in…...

3+ hour, 9+ min ago  (437+ words) The CMA CGM Group has announced an agreement to acquire Fed Ex Supply Chain, a subsidiary of Fed Ex Corp, at an enterprise value of US$1. 4 billion (c. "1. 05bn). The acquisition, expected to close in 2026, would nearly triple the size of the…...

9+ hour, 42+ min ago  (273+ words) French container shipping company CMA CGM Group will buy Fed Ex Supply Chain, the third-party logistics subsidiary of Fed Ex for $1. 4 billion, as it works to expand in the U. S. CMA CGM Group said the acquisition will triple the size of…...

18+ hour, 57+ min ago  (184+ words) CMA CGM Group said the acquisition will triple the size of its own logistics arm, CEVA Logistics and help build its presence as a contract logistics provider in North America. In 2025, CMA CGM pledged to invest $20 billion in its U. S. warehousing,…...

7+ hour, 44+ min ago  (307+ words) The CMA CGM Group has agreed to acquire Fed Ex Supply Chain, a subsidiary of Fed Ex Corp. , in a deal valued at US$1. 4 billion. The acquisition will significantly expand the North American contract logistics business of CEVA Logistics, CMA…...

7+ hour, 9+ min ago  (213+ words) DHL Supply Chain has expanded its data centre logistics capabilities across the Asia Pacific region, strengthening its ability to support hyperscalers and data centre operators as demand for AI infrastructure and digital connectivity continues to accelerate. According to DHL, the…...

15+ hour, 34+ min ago  (225+ words) Ahead of a major sales event, Singapore-based exporter Well Done Solutions realized they were going to need help packing and shipping a surge of orders. So they turned to UPS. Building on a strong foundation: We already handled small package…...

22+ hour, 51+ min ago  (214+ words) PARIS, July 1 (Reuters) " French shipping group CMA CGM has agreed to acquire Fed Ex's third-party logistics business for an "enterprise value of $1. 4 billion, it said "on Wednesday, as it seeks to expand its presence in the logistics sector and in…...

21+ hour, 9+ min ago  (463+ words) An affiliate company of Fed Ex Corp is in the works to be acquired by a major global transport and logistics firm. In a joint press release, shipping giant CMA CGM Group announced on July 1 an agreement to acquire Fed…...