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CMA CGM Group has agreed to acquire FedEx Supply Chain from FedEx Corp. for an enterprise value of US$1.4 billion in a transaction that will significantly expand the North American contract logistics operations of its CEVA Logistics subsidiary while establishing a long-term commercial relationship between the two companies.
The acquisition, announced July 1, is expected to close later this year, subject to customary regulatory approvals.
By adding FedEx Supply Chain’s assets and ...
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A new industry benchmarking study suggests hazardous materials transportation continues to be challenged less by a lack of regulatory knowledge than by routine operational mistakes involving documentation, labeling and packaging.
The Focus on Safety: Benchmarking the State of the Hazmat/Dangerous Goods Industry study, conducted by J.J. ...
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Five years after the United States-Mexico-Canada Agreement took effect, the trade pact has entered a new phase. What began as a replacement for the North American Free Trade Agreement has become the framework underpinning North American manufacturing and freight movement just as tariffs, industrial policy ...
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Editor's Note by Gary Burrows for FBJNA's July-August issue, available soon
There was a time when the logistics decision was relatively straightforward.
The cargo was ready. Capacity was available. The rate was acceptable. The shipment moved.
Those decisions were never simple, but they were largely transportation decisions.
Increasingly, they ...
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The Port of Galveston has officially opened its new cargo berth at the West Port Cargo Complex, marking the completion of a US$106 million expansion designed to accommodate growing roll-on/roll-off (ro-ro), breakbulk and project cargo volumes.
The new 1,410-foot berth at Pier 39-40 welcomed its first ...
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EDITOR’S NOTE: Freight Business Journal North America’s Peak Season Forecast 2026 in the July-August issue brings together leading market analysts and logistics executives to examine whether the current freight rally has staying power, the indicators they are watching most closely, and what shippers should expect ...
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Editor’s note: This article is the first in a series examining the forces reshaping the 2026 shipping peak season. FBJNA’s comprehensive Peak Season Forecast will appear in the July/August issue.
The traditional summer-to-fall peak shipping season is giving way to a more volatile pattern of year-round ...
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FedEx reported stronger fourth-quarter and full-year results, driven by higher package yields, improving international export volumes and more than US$1 billion in transformation-related cost savings, while forecasting continued revenue and earnings growth through the remainder of calendar 2026.
For the fiscal fourth quarter ended May 31, ...
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The global shipping industry faces a growing shortage of certified officers despite a sharp increase in the overall number of seafarers, according to the Seafarer Workforce Report 2026 released Thursday by BIMCO and the International Chamber of Shipping (ICS).
The report estimates the global merchant fleet ...
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Even if geopolitical tensions continue to disrupt global shipping, the container market is likely to weaken over the next 18 months as rapid fleet expansion outpaces cargo demand, according to BIMCO’s latest Container Shipping Market Overview & Outlook.
BIMCO Chief Shipping Analyst Niels Rasmussen outlines two ...
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