CMA CGM Group Completes $1.4 Billion Acquisition of FedEx Supply Chain
FedEx completed its $1.4 billion sale of FedEx Supply Chain to CMA CGM, expanding CEVA’s warehouse operations and establishing new freight agreements.
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FedEx completed its $1.4 billion sale of FedEx Supply Chain to CMA CGM, expanding CEVA’s warehouse operations and establishing new freight agreements.
FedEx Corp. (NYSE: FDX) has achieved a major milestone in its healthcare logistics journey, securing 30 IATA CEIV Pharma certifications across its global air hubs and cargo handlin...
The combined business between CMA and FedEx Supply Chain will operate 150 warehouses, growing CEVA's North American workforce to 20,000 people across 240 locations.
FedEx Duty and Tax, part of the carrier's new suite of global shipping tools, provides a cost guarantee at checkout and covers any overages to that amount.
The deal nearly triples CEVA’s North American contract logistics capacity and strengthens its integrated logistics services in the US and Canada.
FedEx has unloaded its Supply Chain subsidiary to CMA CGM Group for $1.4 billion to concentrate on its freight transportation and parcel delivery services. The post CMA CGM finaliz...
FedEx is using secure QR codes to verify recipients before releasing select high-value and sensitive packages.
A new FedEx system for booking temperature-controlled shipments is making life easier for pharmaceutical customers in Europe. The post FedEx digitizes booking process for European...
The CMA CGM Group, a global player in sea, land, air and logistics solutions, today announced the successful closing of its acquisition of FedEx Supply Chain, a subsidiary of FedEx...
• Advances CMA CGM Group’s long-term strategy to build integrated, end-to-end logistics solutions.• Reinforces the Group’s investment commitment...
Federal Express Corporation (FedEx), one of the world's largest express transportation companies, is enhancing its digital solutions by launching electronic tax invoices and e-Cred...
PRESS RELEASE FedEx Introduces Global Trade Navigator to Simplify International Shipping Enhanced digital capabilities help businesses improve shipment data, estimate costs, and a...
Expanding the carrier's cold chain footprint and attracting more pharmaceutical shippers are among Nick Gennari's priorities.
FedEx ordered 2,000 Harbinger electric trucks worth more than $300 million for U.S. and Canadian delivery operations.
CMA CGM has completed its US$1.4 billion acquisition of FedEx Supply Chain, significantly expanding the North American contract logistics operations of its CEVA Logistics subsidiar...
New premium service combines QR code for added security on high-value and sensitive shipments.
FedEx Duty and Tax provides a cost guarantee at checkout and covers any overages to that amount.
FedEx Dataworks and Stripe have announced a long-term strategic collaboration that will combine logistics data with financial infrastructure to improve access to financing for smal...
FedEx Authenticated Delivery requires the recipient to present a QR code upon arrival, which could benefit high-value items like electronics.
CMA CGM announced today that it has completed its $1.4bn takeover of FedEx’s contract logistics business, FedEx Supply Chain, which is set to be folded into the shipping line’s con...
FedEx is scaling its sustainable aviation fuel (SAF) procurement through new agreements projected to secure more than 20 million gallons of neat SAF across five U.S. airports throu...
The transaction gives FedEx a significant foothold in Europe’s rapidly expanding out-of-home delivery market.
The effort is part of the Strategic Capital Initiative and will begin with the analysis of the Army's current processes. The post US Army Partners With FedEx Dataworks on Sweeping...
FedEx has placed an order for 2,000 all-electric trucks from U.S. manufacturer Harbinger, committing more than $300 million to expand its electric fleet across North America. The v...
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