MIQ Logistics Archives - Maritime Shipping News

Under the radar: Röhlig Logistics’ strategy – lessons & warnings for all mid-tier 3PLs out there

8 April 2019

While the big players in the 3PL arena train their crosshairs on each other, it’s easy to overlook the mid-tier in Europe’s freight forwarding market.
Among them, Germany’s fiercely-independent Röhlig Logistics, will be putting its 2018 annual report together about now.
A positive show could offer survival insights for mid-market peers, although given its previous 2017 numbers – and rumours about internal organisational changes – such a show is not guaranteed.
Family business
Family-owned...

https://theloadstar.com/under-the-radar-rohlig-logistics-strategy-lessons-warnings-for-all-mid-tier-3pls-out-there/

Noatum Maritime sets up MIQ Logistics purchase

21 March 2019

US-headquartered freight forwarder MIQ is set to be sold to Spanish maritime and logistics group Noatum Maritime, in a deal that was first predicted by The Loadstar Premium in early January.
Given that MIQ’s current owner is private equity firm Austin Ventures, which bought it from US trucking company YRC Worldwide in 2010, the purchase price has not been disclosed, although in a statement Noatum said the consolidated revenues of its …

The post Noatum Maritime sets up MIQ Logistics purchase...

https://theloadstar.com/noatum-maritime-sets-up-miq-logistics-purchase/

Prepare for no-deal Brexit, transport sector is advised, after Commons vote

30 January 2019

Businesses should prepare for a no-deal Brexit, some specialists advise after last night’s convoluted and non-binding vote in the UK parliament.
“I’ve never felt more like betting on a no-deal,” said Sandra Strong, of Brexit adviser Strong and Herd, at the MIQ Logistics Knowing Brexit seminar in London this morning.
“If the government has come up with an abbreviation, it will happen. And it has come up with D1ND, Day One No …

The post Prepare for no-deal Brexit, transport sector is advised,...

https://theloadstar.co.uk/prepare-for-no-deal-brexit-transport-sector-is-advised-after-commons-vote/

US deliveries hit by delays as record imports spark west coast port congestion

24 January 2019

US importers are bracing themselves for more delays in the coming weeks, as congestion at the major west coast container gateways worsens, exacerbated by shortages of container chassis and rail cars.
“We’re seeing unprecedented levels of cargo,” said Mario Cordero, executive director of Port of Long Beach. And a spokesperson for the port of Los Angeles added: “We have seen particularly heavy volumes in recent months, warehouse space is at a premium …

The post US deliveries hit by delays as...

https://theloadstar.co.uk/us-deliveries-hit-by-delays-as-record-imports-spark-west-coast-port-congestion/

Market Insight: Has MIQ Logistics put the For Sale sign up?

3 January 2019

Rumoured takeover target MIQ Logistics has attracted a lot of interest from the executives in my network in recent weeks.
Many have pointed out the US-based 3PL is a palatable bolt-on for asset-light logistics providers – not only for rumoured buyer Noatum Maritime, but also for larger would-be suitors.
The deal
The target – a YRC Worldwide spin-off from August 2010 – is private, so only few headline financial details are available, but it could well be …

The post Market Insight: Has MIQ...

https://theloadstar.co.uk/market-insight-has-miq-logistics-put-the-for-sale-sign-up/