France

Europe Supply Chain

CEVA acquires Paack for €180M; Colis Privé revenue to exceed $626.5M

CEVA Logistics is acquiring Paack’s French, Spanish, and Portuguese operations to bolster Colis Privé’s last-mile network. Paack Iberia generated €125 million ($142.4M) in revenue last year; Paack France contributed $55.8M. Combined, the acquisition lifts Colis Privé’s revenue above $626.5 million and adds nearly 490 employees to its 5,000-driver fleet. Paack’s tech platform enhances real-time tracking, time-slot management, and cold chain logistics for perishables. The deal follows broader European consolidation, including InPost’s acquisitions and DHL eCommerce’s 2025 purchases. Regulatory approval in France and union consultations are pending.

2026-07-13

Procurement

FedEx sells supply chain unit to CMA CGM for $1.4 billion

FedEx Corp. has agreed to sell its FedEx Supply Chain subsidiary to CMA CGM Group for $1.4 billion, effective July 1, 2026. The deal enables FedEx to exit contract logistics and concentrate on core express, ground, and freight operations, following facility closures and workforce reductions since 2023. For CMA CGM, the acquisition adds over 100 distribution centers in North America, extending its end-to-end logistics reach beyond ocean and air transport. Regulatory approval is expected by Q4 2026, with transition support lasting up to 12 months. The move mirrors broader industry consolidation, as Maersk and DHL have similarly expanded into integrated logistics in recent years.

2026-07-03

Supply Chain

CMA CGM nears $1.4bn FedEx Supply Chain acquisition

CMA CGM is reportedly nearing a $1.4 billion acquisition of FedEx Supply Chain—the third-party logistics arm of FedEx—in a move to expand beyond container shipping. The deal, unconfirmed by either party, would accelerate CMA CGM’s integrated supply chain strategy launched with CMA CGM AIR CARGO in March 2021. It follows FedEx’s recent spin-off of FedEx Freight and reflects broader industry consolidation amid slowing global logistics demand. Analysts note the transaction would strengthen CMA CGM’s contract logistics capabilities across North America and Europe.

2026-07-03

Strategy & Planning

CEVA acquires Paack Iberia, France for pan-European last-mile expansion

CEVA Logistics has entered exclusive talks to acquire Paack Iberia and Paack France, targeting €550M+ annual revenue for its Colis Privé subsidiary. The deal brings Paack’s €125M Spain–Portugal and €49M France revenue streams, 82 facilities (including 21 hubs), 5,000+ PUDO points, and 490 employees into CEVA’s network. Paack’s tech platform will upgrade Colis Privé’s digital capabilities across time-slot management, tracking, and route optimisation. Closing is contingent on regulatory approvals and French employee consultations.

2026-07-01

Disruptions

Abivax stock jumps 27% after trial update eases cancer risk concerns

Abivax’s stock rose 27% on June 30, 2026, after new clinical data covering 4,128 patient-years showed no increased cancer risk for its ulcerative colitis drug obefazimod. The FDA confirmed the updated dataset will inform its October 2026 PDUFA decision. Abivax holds €192.7 million in cash, with EMA review underway and PMDA submission planned for August 2026. CEO Dr. Hartmut Ehrlich stated the data reinforce confidence in the drug’s long-term safety.

2026-07-01

ESG & Regulation

83% of Firms Say Cross-Border Ops More Complex Amid CBAM

Avalara's analysis reveals 83% of business leaders find cross-border operations more complex than a year ago, citing tariffs, VAT shifts, and sustainability mandates like the EU's CBAM. Regulatory missteps now trigger shipment delays, penalties, and reputational harm — with 49% naming post-entry regulatory change as their top cross-border risk. Businesses spend 11% of cross-border revenue on compliance, while 87% deploy AI in trade operations. The report urges breaking down silos, centralizing infrastructure, and embedding sustainability into sourcing and duty calculations — especially ahead of 2026 CBAM deadlines.

2026-06-29

ESG & Regulation

FishEUTrust launches €4.6M blockchain seafood traceability platform

The EU-funded FishEUTrust project launched a €4.6M blockchain-based seafood traceability platform integrating IoT sensors, genomics, nutritional analytics, and digital product passports. Coordinated by Nives Ogrinc of Slovenia’s Jožef Stefan Institute, it ran from June 2022 to May 2026 across five living labs in Spain, Denmark, Malta, Croatia, and Portugal. The system verifies species authenticity, monitors freshness and contaminants, calculates CO₂ footprints, and introduces a 'health nutritional index' — all accessible via QR code. Consumer engagement included immersive shopping simulations, school programmes, and UN Ocean Decade collaborations.

2026-06-27

Supply Chain

DHL Launches Sail-Powered LCL Service Carrying 600 Pallets per Trip

DHL Global Forwarding France and French wind-powered cargo operator VELA have launched a transatlantic less-than-containerload (LCL) shipping service using sail-equipped trimarans. Each voyage carries 600 EU pallets between Caen-Ouistreham and New Haven, targeting pharmaceutical, luxury, cosmetics, aerospace, and wine & spirits shippers. The service, operational since June 2026, integrates seamlessly into existing logistics workflows while eliminating engine-based propulsion during open-sea transit. It supports DHL Group’s 2030 net-zero commitment and addresses rising demand for verifiable Scope 3 emission reductions in ocean freight.

2026-06-25

Southeast Asia Supply Chain

CMA CGM Q1 net income plunges to $250M amid Middle East disruptions

CMA CGM delivered its 400th owned vessel—the methanol-powered 16,204-TEU CMA CGM Monte Cristo—in January 2026. Despite fleet expansion, Q1 2026 net income plunged to $250 million ($870M YoY drop), driven by a nearly 10% freight rate decline to $1,351/TEU. Global container throughput grew just 1% overall (US down nearly 5%), while CMA CGM’s 57 new ships added 478,666 TEU capacity through 21 May. CEO Rodolphe Saadé cited Middle East tensions and tariff disruptions as key headwinds.

2026-05-26

Africa Supply Chain

CMA CGM Delivers 400th Vessel to Launch Methanol Fleet

CMA CGM delivered its 400th owned vessel, the CMA CGM Monte Cristo, on January 29, 2026, marking the start of a six-vessel series of 15,000-TEU methanol-powered ships. The vessel entered service on the BEX2 – Phoenician Express route connecting North Asia with the Levant and Adriatic Sea. In parallel, Norfolk Southern launched the East Edge intermodal rail corridor, a $64-million project that cuts transit time by up to 10 hours and supports over 60,000 annual loads. Meanwhile, over 30,000 e-commerce units are processed daily at CeV’s new Dubai South Free Zone facility. C.H. Robinson deployed AI agents to resolve missed LTL pickups, while Overhaul introduced SecureBOL, a digital bill of lading verification system using tamper-evident QR codes linked to signed BOL photos. DHL and RLCold plan to develop more than five million square feet of temperature-controlled warehousing in North America. These developments highlight accelerating advancements in logistics technology, decarbonization, and supply chain automation across global networks.

2026-05-20

Europe Supply Chain

EU Supply Chain Due Diligence Rules: 3 Key Jurisdictions

New supply chain due diligence rules are active or imminent in Germany, France, and the EU. Germany’s LkSG applies to firms with ≥3,000 employees (2023) and drops to ≥1,000 (2024); France’s 2017 law covers firms with ≥5,000 domestic or ≥10,000 global employees; the EU’s CSDDD—adopted in 2024—applies to firms with >1,000 employees and €450M turnover. All require risk mapping, mitigation, grievance mechanisms, and enforcement exposure. Supply chain professionals must embed due diligence into procurement, contracting, and continuous monitoring.

2026-05-02

Europe Supply Chain

GPSR Compliance 2026: UK Brands in Germany and France

According to flexlogistics.eu, the EU’s General Product Safety Regulation (GPSR) is in full enforcement across Germany and France in 2026, with authorities issuing fines and mandatory recalls for non-compliance. UK brands must appoint an EU-based Responsible Person, provide safety documentation in German or French, and ensure physical labeling—including manufacturer/importer details, batch numbers, and language-specific warnings—meets strict Union standards. Failure triggers delistings, rejections at fulfillment centers, or forced recalls. The GPSR applies to nearly all non-food consumer goods sold via FBA, FBM, or D2C channels.

2026-04-27