FedEx-CMA CGM deal hints at new battle for air cargo capacity
AI Summary
The $1.4 billion acquisition of FedEx Supply Chain by CMA CGM signals a strategic shift in air cargo capacity competition. This deal highlights changes in contract logistics and potentially impacts air freight market dynamics.
When CMA CGM announced its $1.4bn acquisition of FedEx Supply Chain, most attention focused on the contract logistics business changing hands. The post FedEx-CMA CGM deal hints at new battle for air cargo capacity appeared first on The Loadstar.