MIQ Logistics
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MIQ Logistics was a
third party logistics Third-party logistics (abbreviated as 3PL, or TPL) is an organization's long-term commitment of outsourcing its distribution services to third-party logistics businesses. Third-party logistics providers typically specialize in integrated operati ...
company headquartered in
Overland Park, Kansas Overland Park ( ) is the largest city in Johnson County, Kansas, United States, and the List of cities in Kansas#Highest population listing, second-most populous city in the state of Kansas. It is one of four principal city, principal cities in ...
, United States. MIQ Logistics operated in global
freight forwarding A freight forwarder or forwarding agent is a person or a company who co-ordinates and organizes the movement of shipments on behalf of a shipper (party that arranges an item for shipment) by liaising with carriers (party that transports goods) ...
, customs brokerage,
supply chain management In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished produc ...
, project logistics, origin consolidation, global trade management, warehouse management, and global business intelligence, with offices in
North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...
, Asia,
Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...
, Africa,
Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...
,
New Zealand New Zealand () is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and List of islands of New Zealand, over 600 smaller islands. It is the List of isla ...
, the
Middle East The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western Eur ...
, and
Latin America Latin America is the cultural region of the Americas where Romance languages are predominantly spoken, primarily Spanish language, Spanish and Portuguese language, Portuguese. Latin America is defined according to cultural identity, not geogr ...
.


History

In 2010,
YRC Worldwide Yellow Corporation was an American transportation holding company headquartered in Overland Park, Kansas. Its subsidiaries included national less than truckload (LTL) carrier YRC Freight; regional LTL carriers New Penn, Holland, and Reddaway; ...
sold YRC Logistics to private equity firm
Austin Ventures Austin Ventures (AV) is a private equity firm focused on venture capital and growth equity investments in business services and supply chain, financial services, new media, Internet, and information services companies nationally with a focus on ...
for $38.7 million.
Austin Ventures Austin Ventures (AV) is a private equity firm focused on venture capital and growth equity investments in business services and supply chain, financial services, new media, Internet, and information services companies nationally with a focus on ...
shortly after the purchase rebranded the unit as MIQ Logistics. In 2011, MIQ Logistics announced their acquisition of The Logistics Corporation Ltd. based out of the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...
. In 2017, MIQ Logistics sold its North American domestic transportation business to an undisclosed buyer. In 2009, MIQ Logistics volunteered to deliver a piece of steel from the fallen World Trade Center Towers from Port Authority of New York and New Jersey to
Overland Park Overland Park ( ) is the largest city in Johnson County, Kansas, United States, and the second-most populous city in the state of Kansas. It is one of four principal cities in the Kansas City metropolitan area. As of the 2020 census, the pop ...
,
Kansas Kansas ( ) is a landlocked U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Nebraska to the north; Missouri to the east; Oklahoma to the south; and Colorado to the west. Kansas is named a ...
.


Sustainability

MIQ used the
United States Environmental Protection Agency The Environmental Protection Agency (EPA) is an independent agency of the United States government tasked with environmental protection matters. President Richard Nixon proposed the establishment of EPA on July 9, 1970; it began operation on De ...
's (EPA) Shipper Fleet Performance Model aiding shippers in estimating
greenhouse gas emissions Greenhouse gas (GHG) emissions from human activities intensify the greenhouse effect. This contributes to climate change. Carbon dioxide (), from burning fossil fuels such as coal, petroleum, oil, and natural gas, is the main cause of climate chan ...
by road and rail, and expanding to air carriers and ships. Other environment initiatives included adding reusable totes for use in chemical shipments, eliminating the need manufacture and dispose of steel drums. Hydrogen cell battery forklifts were also evaluated as part of their material handling equipment options.


Acquisitions

In 2011, MIQ acquired UK-based, retail logistics company The Logistics Corporation Ltd., offering services including, but not limited to, retail warehousing and fulfilling services. In 2016, MIQ Logistics purchased assets in Miami-based Alfa Logistics and Colombian-based Kronos Logistics with the goal to increase their Latin American presence. In 2017, MIQ Logistics offloaded their North American domestic transportation business to an undisclosed buyer as they shifted their focus entirely to international shipping and logistics services. In April 2019, Noatum Logistics completed the acquisition of MIQ.


References


External links


Official WebsiteResidential MovingInternational Moving
{{Yellow Corporation Customs brokers Supply chain management Companies based in Kansas Logistics companies of the United States Transportation companies based in Kansas