Once the deal for FedEx Supply Chain is complete, the two companies also plan to solidify multiyear ocean and air freight agreements.
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 ...
FedEx Supply Chain will be sold to CMA CGM Group, a French-based shipping and logistics company, pending regulatory approvals.
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