← Back to News
freight

Freight Industry Briefing: Ceva Logistics Eyes Iberian Expansion With Paack Acquisition

By MGN Editorial•July 3, 2026 at 12:00 AM

Ceva Logistics moves to strengthen its European final-mile delivery network through a tentative acquisition of Paack units, while a U.S. federal conviction highlights supply chain theft risks for military logistics contractors.

## Ceva Logistics Targets Iberian Final-Mile Market With Paack Deal Ceva Logistics is poised to expand its European delivery footprint following a tentative agreement by its subsidiary Colis Privé to acquire major units of Paack, a prominent final-mile courier operating across Spain and Portugal, according to FreightWaves. The deal would give Ceva Logistics a direct entry point into the Iberian Peninsula's growing e-commerce delivery market, a segment that has seen sustained demand growth in the post-pandemic retail environment. Colis Privé, already an established player in French parcel delivery, would leverage Paack's existing infrastructure and carrier network to extend its cross-border logistics capabilities into Southern Europe. The acquisition reflects a broader industry trend of major third-party logistics providers consolidating last-mile delivery assets to offer end-to-end supply chain solutions to retail and e-commerce clients. For Ceva Logistics — a subsidiary of CMA CGM Group — the move aligns with the French shipping giant's strategy of deepening its logistics services portfolio beyond ocean freight. Final terms of the agreement have not yet been disclosed, and the deal remains subject to regulatory review. --- ## Military Contractor Convicted in $1.1 Million MRE Theft Scheme In a case underscoring the vulnerabilities within government supply chains, a federal jury has convicted a former U.S. Army civilian contractor of orchestrating the theft of more than 200 pallets of Meals-Ready-to-Eat (MREs) from Fort Bliss, Texas, FreightWaves reports. Prosecutors said the scheme relied on falsified paperwork, rental trucks, and a warehouse in El Paso to divert and sell approximately $1.12 million worth of government-owned provisions. The operation highlights the logistical complexity of securing large-scale military supply chains, where high volumes of goods and multiple handling points can create opportunities for fraud. The conviction serves as a reminder to logistics and freight operators — particularly those handling government contracts — of the legal and reputational risks associated with inadequate cargo tracking, documentation controls, and chain-of-custody verification. Industry compliance officers are increasingly focused on implementing real-time inventory monitoring and audit trails to mitigate similar risks across both public and private sector supply chains. --- *Sources: FreightWaves*
#Ceva Logistics#final-mile delivery#logistics acquisitions#CMA CGM#supply chain security#European logistics#cargo theft#third-party logistics

Related Articles

COSCO Shipping Bulk Orders 16 More Grain Carriers in Continued Dry Bulk Expansion

COSCO Shipping Bulk has contracted a further 16 multipurpose grain carriers at Fujian Shipbuilding, underscoring the Chinese shipping giant's aggressive push to expand its dry bulk fleet.

Oct 19, 2026

Tanker Market Roundup: Record Earnings Reshape Sector as Owners Rationalise Fleets

The tanker market is generating extraordinary returns for independent owners while German operator Chemikalien Seetransport continues to shed ageing tonnage, reflecting broader strategic shifts across the sector.

Oct 19, 2026

Secondhand VLCC Values Soar Above Newbuild Prices Amid Unprecedented Rate Environment

Surging tanker day rates have driven secondhand VLCC valuations to extraordinary levels, with 15-year-old vessels now commanding prices that exceed the cost of a newbuild order placed today.

Oct 19, 2026

Canton Fair 2026 Highlights Global Trade Connectivity as Export Demand Strengthens

The 140th Canton Fair opened in Guangzhou on 15 October 2026, showcasing hundreds of new products across three phases, with 'new collection' events rising 15% compared to the previous session.

Oct 19, 2026

Freight & Logistics Briefing: AI Investment, Electric Trucks, and Driver Tools Shape Surface Transport Outlook

From a $9 million AI funding round to Tesla's electric Semi ramp-up and a new driver resource platform, this week's freight and logistics news highlights the accelerating pace of technology adoption across surface transport.

Oct 16, 2026