CMA CGM finalizes $1.4B acquisition of FedEx Supply Chain
Ceva Logistics triples North American footprint
CMA CGM Group completed its acquisition of logistics firm FedEx Supply Chain at an enterprise value of $1.4 billion. With the acquisition’s finalization on Oct. 1, Ceva Logistics, the logistics arm of CMA CGM, will absorb FedEx Supply Chain’s assets and employees, CMA CGM said in a release. The acquisition, first announced in July, triples […]
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