Fedex

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FedEx divests FedEx Supply Chain and sells it to CMA CGM for 1.22 billion

The American courier and logistics giant FedEx has reached an agreement valued at 1.4 billion dollars (1.22 billion euros) to transfer its subsidiary FedEx Supply Chain to the French shipping company CMA CGM. This division is responsible for logistics services such as warehouse management, inventory control, order fulfillment, and returns...

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FedEx raises its annual profit to 3.9 billion euros, 8% more

The American giant of messaging and logistics FedEx has closed its last fiscal year, ended May 31, with a net profit of 4.43 billion dollars (3.9 billion euros), which represents an advance of 8.3% compared to the result registered a year earlier.During this period, the North American company reached revenues...

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