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FedEx is selling its contract logistics unit to CMA CGM for $1.4 billion

The deal would nearly triple the size of CEVA Logistics' North American contract logistics operations and includes multiyear air and ocean freight agreements

FedEx is selling its contract logistics unit to CMA CGM for $1.4 billion

Published July 1, 2026 · Category: Markets

Overview

The deal would nearly triple the size of CEVA Logistics' North American contract logistics operations and includes multiyear air and ocean freight agreements

Source

Originally published at qz.com.

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