Economy
CMA CGM Acquires FedEx Logistics Arm for $1.4B, Tripling CEVA Size
French shipping giant CMA CGM Group will acquire FedEx Supply Chain for $1.4 billion, a move set to triple its logistics arm,...

French shipping giant CMA CGM Group will acquire FedEx Supply Chain for $1.4 billion, a move set to triple its logistics arm,...

FedEx projects CY 2026 adjusted EPS of $16.90-$18.10, allocating $3.9B for CapEx and up to $1B for share buybacks.