Author: Graham Sheen

CMA CGM Group to acquire FedEx Supply Chain

The CMA CGM Group, a leading global player in sea, land, air and logistics solutions, today announced an agreement to acquire FedEx Supply Chain, a subsidiary of FedEx Corp, at an enterprise value of $1.4 billion. The acquisition, expected to close in 2026, would nearly triple the size of the North American contract logistics operations of CEVA Logistics, a subsidiary of the CMA CGM Group.

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HMRC Missing Penalties Project

HMRC colleagues within Small, Business and Individuals (SBI) have commenced a Missing Returns Project in June 2026 to reinstate penalties for non-submission of the W1 Excise Warehouse Returns.

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