French container shipping giant CMA CGM Group announced Wednesday it will acquire FedEx Supply Chain, the third-party logistics subsidiary of FedEx, for $1.4 billion as it works to expand its footprint in the United States. The deal underscores the growing consolidation in global logistics and its implications for major U.S. port cities including Miami.
The acquisition will triple the size of CMA CGM’s own logistics arm, CEVA Logistics, and help build its presence as a contract logistics provider in North America. Local 10 News reported that CMA CGM pledged in 2025 to invest $20 billion in its U.S. warehousing, air cargo, and logistics operations over four years, making this acquisition a significant step in that commitment.
For Miami, a key gateway for international trade and maritime commerce, the deal has notable implications. PortMiami is one of the busiest container ports in the United States and a critical hub for trade with Latin America and the Caribbean. CMA CGM already operates significant routes through South Florida, and the expanded logistics network could increase cargo flows through the region.
The two companies said they expect to enter into multiyear air and ocean freight commercial agreements as well. Rodolphe Saadé, CEO of CMA CGM Group, said the deal will “reinforce our long-term commitment to investing in the United States and supporting the resilience and efficiency of its supply chain.”
FedEx, based in Memphis, Tennessee, has been spinning off some businesses to focus on its core delivery operations, targeting higher-margin business-to-business deliveries for the healthcare, automotive, aerospace, and data center industries. The company completed its spinoff of FedEx Freight, which transports heavy and bulky shipments, on June 1.
The acquisition highlights a broader trend of shipping companies diversifying into integrated logistics services. As global supply chains become more complex, companies that can offer end-to-end solutions from ocean freight to last-mile delivery are gaining competitive advantages. For South Florida’s logistics sector, which employs tens of thousands of workers across ports, warehouses, and distribution centers, the deal could signal new investment and job opportunities.
The acquisition is expected to close later this year, subject to regulatory approvals. The air cargo and ocean freight agreements are expected to be finalized in phases between 2026 and 2028, according to the Associated Press report.
Industry analysts note that CMA CGM’s aggressive U.S. expansion strategy, coupled with FedEx’s portfolio streamlining, reflects a restructuring of the global logistics industry that could reshape trade flows through major ports like Miami for years to come.
