French container shipping company CMA CGM Group said Wednesday it will buy FedEx Supply Chain, the third-party logistics ...
The deal nearly triples the North American contract logistics operations of CMA CGM’s subsidiary, CEVA Logistics, placing it among the continent’s top third-party logistics providers.
FedEx (NYSE:FDX) has completed the spin-off of its FedEx Freight unit into a separate, publicly traded company. The newly ...
The transaction, announced July 1, would nearly triple the North American contract logistics operations of Ceva Logistics, CMA CGM’s logistics subsidiary.
The company expects revenue to grow 4% to 6% for June 1 to Dec. 31, and said the outlook reflects its confidence in the ...
FedEx Supply Chain will be sold to CMA CGM Group, a French-based shipping and logistics company, pending regulatory approvals.
French container shipping group CMA CGM is nearing a deal to buy FedEx's third-party logistics business for $1.4 billion in ...
FedEx posted strong fiscal fourth quarter earnings on Tuesday in the company's last quarter that included the freight ...
CEO John Smith says shrinking truckload capacity and stricter trucking enforcement are pushing heavier shipments back into ...
FedEx's freight spin-off is reshaping its logistics business, capital structure, dividend strategy, and long-term operational focus.
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