← Back to Newsfreight
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
Genco-Diana Merger Standoff Deepens as Tender Offer Deadline Passes
Genco Shipping & Trading's $24.80-per-share cash-and-stock bid for Diana Shipping has expired without resolution, with the two dry bulk operators remaining firmly at odds over the proposed combination.
Jul 28, 2026
AI-Powered Tariff Intelligence Tool Offers Free Support for Freight Forwarders Amid Trade Complexity
Logistics technology firm Wove has launched a free AI-driven tariff change information service aimed at freight forwarders and transportation management systems, offering real-time clarity amid an increasingly complex global trade environment.
Jul 28, 2026
Turkey's Aruna Shipping Commits to 10-Vessel Ultramax Programme at Chinese Yard
Aruna Shipping has signed a major newbuilding contract for up to 10 ultramax bulk carriers at Yangzhou Guoyu Shipbuilding's Zhoushan facility, a programme that could more than double the Turkish operator's owned fleet.
Jul 28, 2026
Carrier Global Raises Full-Year Outlook as Orders Surge on Data Centre and Commercial HVAC Demand
Carrier Global has lifted its full-year guidance for sales, adjusted operating profit and adjusted EPS after reporting strong second-quarter 2026 results, driven by a dramatic rise in data centre and commercial HVAC orders.
Jul 28, 2026
Ditaş Linked to $196M Suezmax Pair Order at South Korea's DH Shipbuilding
Turkish tanker owner Ditaş is reported to be behind a two-vessel suezmax newbuilding order at South Korea's DH Shipbuilding, marking the company's return to the segment after roughly a decade.
Jul 28, 2026