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24H Sentiment: Neutral (8.2)

French shipping company CMA CGM Group to buy FedEx's logistics arm for $1.4B

ABC News July 1, 2026 · 3:52 pm Read Original

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−100 Bearish 0 +100 Bullish

French container shipping company CMA CGM Group said Wednesday it will buy FedEx Supply Chain, the third-party logistics subsidiary of FedEx for $1.4 billion, as it works to expand in the U.S. CMA CGM Group said the acquisition will triple the size of ...

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Source ABC News

Published Jul 1, 2026 · 3:52 pm

Article ID 5nwwfs1

Original URL Open source

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