CMA CGM’s acquisition of FedEx Supply Chain marks a new chapter in the French company’s growth strategy to strengthen its presence in the global logistics business. Through its subsidiary CEVA Logistics , the group reached an agreement to acquire this business unit for an enterprise value of $1.4 billion , a transaction that will significantly expand its contract logistics capabilities in North America and, at the same time, allow FedEx to further focus its efforts on its core transportation business.

According to statements issued by both companies, the transaction adds to CEVA Logistics a business specializing in contract logistics solutions, warehousing, distribution, order fulfillment, reverse logistics, and transportation management, with a strong presence in the United States and Canada. The integration will nearly triple CEVA’s capacity in this segment within North America , adding approximately 10,000 employees and a broad operational network that will strengthen its service offerings for clients across multiple industries.

For CMA CGM, the transaction represents a strategic step in its vision to build a comprehensive logistics platform that complements its maritime, land, and air operations. Rodolphe Saadé, Chairman and CEO of CMA CGM Group, stated that “the acquisition and alliance with FedEx represent an important step in the development of CEVA Logistics and our logistics activities in North America.”

The executive added that “FedEx Supply Chain’s renowned expertise, combined with CEVA’s global presence, will allow us to offer even more agile and innovative logistics solutions to our customers,” highlighting that the experience developed by FedEx Supply Chain and CEVA’s international presence will allow them to respond more quickly to the supply chain needs of their customers.

In addition to the acquisition, both groups agreed to establish a long-term business relationship that will maintain operational ties between the two organizations. As part of these agreements, CMA CGM will become FedEx’s preferred—though not exclusive—ocean freight provider , while both companies will collaborate on certain air freight solutions. According to the press releases, these business agreements will be implemented gradually between 2026 and 2028.

FedEx emphasized that the transaction is part of its strategy to concentrate resources on its global transportation and distribution network, while maintaining an alliance with a world-class logistics operator. Raj Subramaniam, FedEx Chairman and CEO, stated that “this transaction allows FedEx to further focus on its core transportation business, while creating long-term value through its business relationship with CMA CGM.”

The executive added that this collaboration will allow both organizations to offer greater benefits to their customers, leveraging the complementary strengths of each company in transportation and logistics , while FedEx continues to execute its strategy of simplifying and transforming its business portfolio.

The companies reported that the closing of the transaction remains subject to regulatory approvals and other customary closing conditions. Once the process is complete, CEVA Logistics will significantly strengthen its presence in the North American contract logistics market, while FedEx will maintain a long-term business relationship with CMA CGM to support certain ocean and air services, consolidating an alliance that both companies consider strategic for the future development of their respective value chains.

Comment and follow us on LinkedIn: @GrupoT21

El cargo FedEx sells its Supply Chain business to CMA CGM apareció primero en T21.

Fernando Chico Pardo’s career takes a turn, returning to his roots in the financial sector, with the announcement of his acquisition of a 25% stake in Grupo Financiero Banamex, equivalent to 520 million shares , for a value of $2.3 billion.

His beginnings date back more than 40 years to the financial sector, while the airport and maritime sectors have been avenues of acceleration for the entrepreneur, who, according to various analyses, is the eighth richest man in Mexico.

In 2014, Chico Pardo became Carrix ‘s largest shareholder , acquiring nearly 50% of FRS Capital Corporation’s shares. Carrix is ​​part of the port operator SSA Marine, which also has its subsidiary SSA Marine México .

Carrix, with a significant presence in the United States and Latin America, is a group of maritime and transportation infrastructure and services companies focused on generating a lasting impact on a large scale, according to information on the company’s website.

Meanwhile, SSA Marine is a marine terminal and cruise port operator “dedicated to creating safe, efficient, and sustainable operations that shape the future of global trade.” SSA’s largest asset is the Port of Long Beach, California, United States, which recorded its second-busiest August in its 114-year history.

SSA Marine México operates in Mexico’s main ports. It operates a container terminal and a multipurpose terminal in Manzanillo; it has a car terminal in Lázaro Cárdenas and Veracruz; it also has a multipurpose terminal in Tuxpan; and it operates cruise terminals in Cozumel and Progreso.

In the accumulated through August 2025, the port of Manzanillo, one of the most important operated by SSA Marine Mexico, reported handling of two million 544 thousand 359 containers (TEU) , that is, 40% of the total TEU operated nationwide.

Your investments take flight

Since 2003, the Mexican businessman has been Chairman of the Board of Directors of Grupo Aeroportuario del Sureste (Asur) , which manages the airports in Cancún, Cozumel, Huatulco, Mérida, Minatitlán, Oaxaca, Tapachula, Veracruz, and Villahermosa.

It also manages Luis Muñoz Marín International Airport in San Juan, Puerto Rico , after receiving permission from the United States aviation authorities to operate this terminal in 2013. It also operates six airports in Colombia.

Asur has been listed on the New York Stock Exchange  since 2000 and on the Mexican Stock Exchange (BMV) . In 2024, the company served 41.4 million passengers at these airports.

Chico Pardo, who holds a degree in Business Administration from the Universidad Iberoamericana in Mexico City and an MBA from the Kellogg School of Management at Northwestern University , also serves on the boards of Grupo Carso , Grupo Industrial Saltillo , and GEPP.

The origins

Fernando Chico began his career on Wall Street in 1982. That same year he founded Acciones y Asesoría Bursátil , a brokerage firm that merged with Inbursa in 1992. As a result, Chico Pardo became CEO of Grupo Financiero Inbursa until 1997.

He also founded  Promecap , a private equity firm in Mexico, where he currently serves as president and CEO. This firm focuses on investments in Mexican companies and manages assets of  more than $5 billion .

He is also the founder and majority shareholder of two hotel platforms, which together manage more than nine thousand rooms in the all-inclusive luxury segment and three thousand in the ultra-luxury segment, in partnership with brands such as Four Seasons, One and Only, Rosewood, Hyatt, and others.

Regarding the acquisition of a quarter of Banamex, the Citi Financial Group announced in a statement that this investment represents the beginning of a long-term strategic relationship with one of Mexico’s most successful and respected business leaders.

The financial group indicated that Chico Pardo’s investment demonstrates confidence in Banamex’s future and the development of its current strategy to continue growing across all business lines. The transaction is subject to customary closing conditions, including obtaining regulatory approvals in Mexico, and is expected to be completed in the second half of 2026 .

(Photo taken from A21.com.mx)

Comment and follow us on X: @GrupoT21

El cargo Fernando Chico Pardo, from transportation, joins the banking sector; acquires a stake in Banamex. apareció primero en T21.

Solistica was created within FEMSA and operated as its integrated logistics (3PL) division, with a presence in Mexico, Colombia, and Brazil. Its asset-lightmodel includes warehousing, distribution, and freight brokerage services.

The transaction, valued at approximately 4.04 billion pesos —equivalent to approximately US$80 million—includes FEMSA’s transportation management operations in Mexico and contract logistics operations in Mexico, Brazil, and Colombia , but excludes FEMSA’s LTL (less-than-truckload) operations in Brazil.

According to the information shared, Traxión decided to simultaneously divest Solistica’s operations in Colombia and Brazil , which were acquired by a consortium of Latin American investors, as part of the company’s strategic focus.

With this, Traxión reaffirms its commitment to focusing on the Mexican market, optimizing its portfolio, and prioritizing profitability.

“This acquisition represents a unique opportunity for Traxión. It is one of the most significant integrations in the logistics sector in Mexico. It is extremely strategic and consolidates our leadership in the Mexican logistics market. Solistica is a well-known, institutional company with a successful track record and a robust market position that will complement Traxión’s service offering and operational infrastructure, creating new opportunities and opening a window for expansion at a key moment for the country,” said Aby Lijtszain, CEO and co-founder of Traxión.

With the integration of Solistica, Traxión adds more than 50% more square footage of logistics infrastructure, reaching a total of more than 1.1 million square meters under management.

The new facilities are located in key areas such as Monterrey, Guadalajara, León, and the metropolitan area of ​​the Valley of Mexico , which will allow the company to offer more robust solutions to industrial clients, especially those with cross-border operations.

In addition, the Traxporta digital platform , launched in 2021, will double its operating volume thanks to the integration of the Solistica system, which will increase responsiveness, route control, and operational efficiency.

With this transaction, Traxión’s combined client portfolio now exceeds 1,500 active contracts , many of them with operations between Mexico and the United States, consolidating the company as a key player in a regional context driven by the USMCA and the nearshoring phenomenon .

For its part, FEMSA confirmed the completion of the divestment, aligned with its strategy of focusing on priority business units, such as FEMSA Comercio, while abandoning its stake in comprehensive logistics services.

The integration of Solistica marks an important step in Traxión’s evolution toward an increasingly digital, scalable logistics company focused on flexible, high-value services for supply chains in Mexico and the region.

Comment and follow us on X:  @GrupoT21

El cargo Traxión formalizes the acquisition of Solistica; exceeds one million square meters of logistics infrastructure apareció primero en T21.

Danish company DSV has completed the acquisition of DB Schenker, the logistics subsidiary of Deutsche Bahn, with the aim of creating a  global market leader  in the transport and logistics sector.

According to a statement from Deutsche Bahn, the sale of the subsidiary to the Danish group was for 14.8 billion euros and will be completed in 2025, following regulatory approvals from the German federal government.

He also explained that central functions, including those at Schenker’s headquarters in Essen, will be maintained, making Germany an even more important market for DSV.

“This is a transformative event in DSV’s history and we are very pleased to join forces with Schenker. With the acquisition, we are uniting two strong companies and creating a leading global transport and logistics powerhouse that will benefit our employees, customers and shareholders,” Jens H. Lund, CEO of DSV.

Lund added that by adding Schenker’s expertise and experience to DSV’s existing network, they will improve competitiveness across all three divisions: Air & Sea, Road and Solutions.

“DB Schenker is one of the strongest and most innovative teams in transport and logistics with more than 150 years of experience. The past few years have been the most successful in our company’s history and we have proven that DB Schenker is fit for the future. We are excited about the future prospects of the combined company. Together with DSV, we aim to transform the industry and build a truly global market leader with joint European roots for the best of our employees and our customers,” said Jochen Thewes, CEO of Schenker.

“The sale of DB Schenker to DSV marks the largest transaction in DB’s history and offers our logistics subsidiary clear growth prospects. It was important for us to find a strong partner for Schenker and a long-term home for the company’s employees,” said Richard Lutz, CEO of Deutsche Bahn.

Deutsche Bahn said it expects the combined organisation to have more employees in Germany  within five years  than Schenker and DSV currently have.

Comment and follow us on X:  @GrupoT21

El cargo DSV Completes Acquisition of DB Schenker apareció primero en T21.