CMA CGM to buy FedEx Supply Chain for $1.4 billion: TT Daily

July 1, 2026

CMA CGM to buy FedEx Supply Chain for $1.4 billion

The transaction, announced July 1, would nearly triple the North American contract logistics operations of Ceva Logistics, CMA CGM’s logistics subsidiary. Read more…

TODAY’S NEWS

BUSINESS

Wisconsin native Jim Filter takes the wheel at Schneider

A former Marine Corps helicopter mechanic, Jim Filter started out at Schneider 28 years ago as a maintenance team leader in Green Bay. Read more…

SAFETY

PREMIUM Inside a $10.1M cargo theft ring

For years, a cargo theft ring redirected truckloads of freight across the U.S., using fake companies and stolen identities to steal more than $10 million in goods. Read more…

SPONSORED CONTENT

Why a Single Bypass Method Isn’t Enough

Mobile app-based weigh station bypass is expanding fast. It deploys quickly, requires no dedicated hardware, and covers more screening locations. For fleets, that means more chances to avoid unnecessary stops. But more chances and reliable results aren’t the same thing. Read more…

EQUIPMENT

Rush Truck Centers buys 5 Peterbilt of La. dealerships

Rush Enterprises acquired certain assets of Peterbilt of Louisiana, adding dealerships, service capacity and parts space across five South Louisiana markets. Read more…

LOGISTICS

PLS expands freight forwarding with AGL acquisition

PLS Logistics Services acquired The AGL Group, a Weymouth, Mass.-based international freight forwarder, expanding its portfolio. Read more…

GOVERNMENT

Florida expands truck parking on I-4 to address safety risks

Federal and state transportation officials in Florida stressed safety while breaking ground on a project that will bring more than 900 truck parking spaces to I-4. Read more…

BUSINESS

Amazon to pay more than $2M in FTC identity theft case

Amazon agreed to pay $2.25 million to settle U.S. claims that it routinely failed to provide records to help customers who were victims of identity theft. Read more…

GOVERNMENT

U.S. sanctions Mexican fuel firms tied to cartel case

The U.S. Treasury announced sanctions against two Mexican citizens and nine companies in the country that the agency said are linked to a fuel-smuggling scheme. Read more…

FUEL

Air Products scraps Louisiana hydrogen project

Air Products is scrapping plans to develop a multibillion-dollar project in Louisiana that would have produced hydrogen and captured carbon dioxide. Read more…

FUEL

PREMIUM Survey Says: Major Carriers See Diesel Continuing Dominance

Prominent for-hire motor carriers generally agree that diesel will remain the trucking industry’s predominant fuel well into the future. Read more…

BUSINESS

Challenging 2025 Yielded Mixed Results for Trucking

While market conditions have begun to improve in 2026, the largest carriers across many trucking segments reported largely mixed revenue results for 2025. Read more…

EDITOR’S PICK

Freight Market Upturn Bodes Well for Top For-Hire Carriers

This year’s Top 100 For-Hire Carriers list reflects a challenging market in 2025, but the outlook has brightened considerably for many large carriers. Read more…

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CMA CGM to buy FedEx Supply Chain for $1.4 billion: TT Daily

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