FedEx sells supply chain unit to CMA CGM Group for $1.4 billion
FedEx Corp. said it agreed to sell a supply chain subsidiary to French container shipping company CMA CGM Group in a deal with an enterprise value of $1.4 billion. The agreement will expand CMA CGM’s presence as a major contract logistics provider in North America, FedEx said in a statement. FedEx Supply Chain is the […]
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