CMA CGM and FedEx Supply Chain: The Deal Behind the Deal
"FedEx is not simply selling an asset, it is trading a warehousing unit for a deeper transportation relationship with one of the world's largest container lines, which is a smarter reallocation than a straight divestiture." — Bruno Digital
FedEx just sold its Supply Chain unit to CMA CGM for $1.4 billion. It sold for the same price FedEx paid for the same business, under a different name, back in 2015.
But FedEx didn't just sell an operating unit. They also entered into a larger agreement for ocean and air cargo that highlights some interesting trends in global logistics.
In this episode of…
The skinny
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