NEW YORK (AP) — 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 ...

FedEx Corp. said it agreed to sell a supply chain subsidiary to French container shipping company CMA CGM Group in a deal with an enterprise value of $1.4 billion.

CMA CGM is buying FedEx Supply Chain for $1.4B, sharply expanding CEVA Logistics' North American warehouse and distribution ...

CMA CGM Group announced an agreement where it will acquire FedEx Supply Chain at an enterprise value of $1.4 billion ...

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.

PARIS, July 1 (Reuters) - CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise value of $1.4 billion as the French shipping group seeks to expand its presence in the ...

Shipping and logistics company CMA CGM Group will retain its Norfolk, VA headquarters, and invest $36 million to expand in Hampton Roads and Northern Virginia. CMA CGM Group will retain its North ...

NORFOLK, Va.--(BUSINESS WIRE)--The CMA CGM Group, a world leader in shipping and logistics, today announced that it will grow its presence in Virginia, where its U.S. headquarters is located, and ...

A commitment to take action, BETTER WAYS is the promise of a renewed shipping and logistics offering that adapts constantly to customers’ needs. A promise that is built around five strategic pillars: ...

Under a 35-year concession agreement, the state-of-the-art terminal will open in 2024 with an initial capacity of 1.8 million TEUs Khalifa Port becomes a regional hub for Three of World’s Top Four ...

The CMA CGM Group has announced the maiden call of the CMA CGM Notre Dame in Singapore.The new generation LNG-powered vessel is the largest container ship currently operating under the French flag.

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