What happened
CMA CGM and FedEx confirmed on October 1 that the $1.4 billion sale of FedEx Supply Chain has closed. FedEx Supply Chain is now part of CMA CGM's CEVA Logistics business.
CMA CGM said the completed acquisition adds nearly 10,000 team members and about 34 million square feet of warehouse space. The combined contract-logistics business operates about 150 warehouses, taking CEVA's North American presence to more than 240 locations and approximately 20,000 workers.
What is included
FedEx Supply Chain provides warehousing, order fulfillment and returns services. CMA CGM also confirmed multiyear ocean-freight commercial agreements with FedEx and said the companies plan to collaborate on selected air-cargo capacity.
The transaction is separate from the already completed FedEx Freight spinoff and does not mean all FedEx ground or freight operations are being sold.
What it means for drivers
The ownership transfer can change warehouse networks, customer flows and carrier relationships, but neither closing announcement promised specific driver hiring, route changes or facility closures.
Employees, contractors and carriers should use direct CEVA or FedEx communications for location-specific changes. The acquisition is complete, while integration decisions and any local operating effects remain separate future actions.
Primary sources and supporting records
- FedEx: FedEx Completes Sale of FedEx Supply Chain to CMA CGM GroupPrimary seller confirmation that the transaction closed • Published 2026-10-01 • Checked October 2, 2026 at 7:08 AM
- CMA CGM Group: CMA CGM Group completes acquisition of FedEx Supply ChainPrimary buyer confirmation and post-closing workforce, warehouse and footprint details • Published 2026-10-01 • Checked October 2, 2026 at 7:08 AM
- FreightWaves: CMA CGM finalizes $1.4B acquisition of FedEx Supply ChainReputable trucking and supply-chain discovery coverage of the completed transaction • Published 2026-10-01 • Checked October 2, 2026 at 7:08 AM
- Reuters: CMA CGM to buy FedEx third-party logistics arm for $1.4 billionIndependent transaction reporting • Published 2026-07-01 • Checked September 10, 2026 at 11:36 PM
- Associated Press: CMA CGM Group to buy FedEx logistics armIndependent corroboration • Published 2026-07-01 • Checked September 10, 2026 at 11:36 PM
No corrections have been recorded for this article. Read our editorial and corrections policy.