
CMA CGM Buys FedEx Supply Chain for $1.4B, Triples Warehouse Footprint
French ocean carrier acquires FedEx's contract logistics arm, adding 80 warehouses and 10,000 workers to its North American 3PL subsidiary Ceva.
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French ocean carrier acquires FedEx's contract logistics arm, adding 80 warehouses and 10,000 workers to its North American 3PL subsidiary Ceva.

FleetOwner's 2026 for-hire package and LTL rankings show the top eight unchanged, but ArcBest moved up one spot and Central Transport entered at No. 10.

FedEx board approves separation of nation's largest LTL carrier. Shareholders get one FDXF share per two FDX shares held as of May 16. FedEx retains 19.9%…