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French shipping company CMA CGM Group to buy FedEx' logistics arm for $1.4B
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.
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supplychaindive.com
CMA CGM to buy FedEx’s contract logistics unit for $1.4B
Once the deal for FedEx Supply Chain is complete, the two companies also plan to solidify multiyear ocean and air freight agreements.
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apnews.com
French shipping company CMA CGM Group to buy FedEx' logistics arm for $1.4B
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…
