Folding FedEx Supply Chain into CMA CGM’s CEVA Logistics would nearly triple CEVA’s North American contract-logistics business. The combined operation would run roughly 150 warehouses, more than 240 locations and employ 20,000 people, according to the acquisition release.
The combined CEVA and FedEx business would become the sixth-largest 3PL in the US, according to Colorado State supply chain professor Zac Rogers. The added footprint puts CEVA in range of large multi-site warehousing contracts it could not credibly chase before.
The scale math: CEVA is already one of the largest global contract-logistics players, but its North American depth was thin. FedEx Supply Chain fills that gap. FedEx describes it as 130-plus distribution centers spanning more than 40 million square feet. Bolting that onto CEVA is what produces the “nearly triple” jump in the region.
The competitive set: The added US footprint puts CEVA in a stronger position to compete for large multi-site warehousing programs against the biggest contract-logistics operators including GXO and DHL Supply Chain. It also gives shippers another large-scale option when bidding national warehousing contracts.
The pattern: Contract logistics is consolidating industry-wide as warehousing operators buy scale to win bigger shipper contracts. GXO acquired Wincanton in 2024, and Ryder bought Cardinal Logistics that same year. CMA CGM's roughly $1.4 billion FedEx deal is the highest-dollar example.
FedEx is selling the business to focus on higher-value verticals. CEO Raj Subramaniam said the sale will allow FedEx to “further increase our focus” on healthcare, automotive, aerospace and data centers. The deal is expected to close in 2026.
