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Mergers & AcquisitionsMediumUpdated×2•Originally published 1 July 2026•Updated 1 July 2026•
1 min read

CMA CGM Confirms $1.4B Acquisition of FedEx Logistics Unit

Key Facts

1CMA CGM is nearing a $1.4 billion deal to acquire FedEx's logistics unit, as reported by the Financial Times.

FedEx officially announced the sale of its logistics subsidiary to French company CMA CGM for $1.4 billion, 11 years after acquiring the same unit for the same price in 2015. The deal marks a major step in CMA CGM's expansion into logistics services, while allowing FedEx to sharpen its focus on its core express shipping business.

The announcement comes amid a wave of consolidation in the logistics sector, with peers like DSV and Kuehne+Nagel also vying for scale. Per market data, FedEx (FDX) shares last closed at $313.13, having traded between $309.02 and $325.73.

The transaction is expected to face regulatory scrutiny in Europe and the US given its size. Traders are watching for regulatory clearances that could affect the closing timeline, with FDX support at $309 and resistance at $325 from the previous trading range.

Latest Updates · 1

  1. Notable·

    According to new details, the deal will be executed through CMA CGM's subsidiary CEVA Logistics, nearly tripling its contract logistics footprint in North America. The two companies will also enter into multi-year commercial agreements for ocean and air freight, making CMA CGM the preferred ocean carrier for FedEx.