💼 Business 1d ago · Colleen Cabili

FedEx is selling its contract logistics unit to CMA CGM for $1.4 billion

Quartz (QZ)
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FedEx is selling its contract logistics unit to CMA CGM for $1.4 billion
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The deal would nearly triple the size of CEVA Logistics' North American contract logistics operations and includes multiyear air and ocean freight agreements

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