CEVA Logistics to Triple U.S. Operations with $1.4B FedEx Supply Chain Purchase
CEVA•CMA CGM will acquire FedEx Supply Chain for $1.4 billion, nearly tripling CEVA Logistics’ North American contract logistics footprint by adding roughly 150 warehouses and 10,000 employees. The deal, expected to close in 2026 pending regulatory approval, expands CEVA’s workforce to about 20,000 across 240 North American locations.
1. Deal Overview
CMA CGM has agreed to purchase FedEx Supply Chain for $1.4 billion, bringing the unit into CEVA Logistics to strengthen its North American contract logistics capabilities. This strategic move aligns with CMA CGM’s goal of expanding end-to-end logistics services in the region.
2. Operational Impact
The acquisition adds approximately 150 warehouses and 10,000 team members to CEVA Logistics, boosting its North American workforce to around 20,000 across more than 240 locations. This scale-up will enhance CEVA’s capacity in warehousing, distribution and fulfillment services.
3. Closing Timeline
The transaction is slated to close in 2026, subject to customary regulatory approvals. Complementary ocean and air freight agreements between CMA CGM and FedEx will phase in from 2026 through 2028 to support integrated supply chain solutions.
