CMA CGM Group’s $1.4 billion acquisition of FedEx Supply Chain is a done deal

CMA CGM Group completed its $1.4bn acquisition of FedEx Supply Chain, expanding CEVA Logistics' North American footprint. The deal adds 34 million sq ft of warehousing and 10,000 employees. CMA CGM and FedEx also agreed to multi-year freight agreements, with CMA CGM as a preferred ocean carrier.

CMA CGM Group acquired FedEx Supply Chain for $1.8B, expanding CEVA Logistics' North American operations. The deal adds 10,000 employees and enhances end-to-end logistics solutions. CMA CGM aims to strengthen its U.S. presence and supply chain resilience.

FedEx has ordered 2,000 electric trucks from Harbinger for over $200 million, aiming to deploy them by 2027. The company expects annual fuel savings of $40 million, totaling $800 million over 20 years. The trucks can travel 140-210 miles on a charge.

PPF is selling most of its stake in InPost to Advent International and FedEx, with each new investor taking a 37% share. PPF will retain 10%, and founder Rafał Brzoska will keep 16%. The European Commission approved the deal, finding no antitrust concerns. InPost operates in nine European countries and had CZK 90 billion in revenue last year.

Ceva Logistics AG, a subsidiary of CMA CGM Group, completed the acquisition of FedEx Supply Chain Distribution System, Inc. from FedEx Corporation (FDX) for $1.4 billion on October 1, 2026. The deal nearly triples Ceva's North American contract logistics operations, adding 10,000 team members.

FedEx ordered 2,000 electric trucks from Harbinger for $300M, to be delivered by 2027. The trucks will replace conventional vehicles in U.S. and Canada operations, reducing fuel costs by $20,000 per year per truck, according to Harbinger.