3PL news: MIQ expands EMEA reach with new LCL service offering

By Jeff Berman, Group News Editor
February 16, 2012 - LM Editorial

Global third-party logistics (3PL) services provider MIQ Logistics recently announced that it has bolstered its EMEA (Europe, the Middle East and Africa) presence through an initiative centered on providing less-than-container (LCL) consolidation services from Istanbul, Turkey to New York.

MIQ officials said that through a partnership with its agent, INCI Lojistik, it collects LCL shipments from any point in Turkey and several Eastern Europe points and then consolidates the freight in Istanbul before transporting it directly to New York for deconsolidation and final delivery. They added that this service can be utilized independently or as a comprehensive end-to-end solution along with warehousing, customs brokerage, global trade management and transportation to the final destination.

“Utilizing weekly direct sailings from Istanbul, customers can count on fast, reliable ocean transit times all while leveraging FCL shipping pricing,” sais Michael Collins, MIQ Logistics Senior Vice President of Global Operations, in a statement.

An MIQ spokesperson told LM the expansion of services offered in Turkey complements the company’s strategic vision, focus on market verticals and aggressive growth targets. Major components of this vision cited by the spokesperson include:
-Strategic focus—The EU-Turkey Customs Union and Turkey’s substantial foreign direct investment in central and eastern Europe, especially it’s Black Sea neighbors, Bulgaria and Romania, together with the comprehensive INCI Lojistik network and infrastructure serving the region, substantially advance MIQ’s EMEA strategy;
-Market vertical—Turkey is one of the world’s newly industrialized countries and among the world’s leading producers of textiles; motor vehicles, and other transportation equipment; consumer electronics and home appliances, all of which are core market verticals for MIQ Logistics; and
-Growth targets—Turkey is positioned for a rapid economic growth and MIQ’s enhanced presence allows the company to take part in that expansion along with its customers.

When asked what the main benefits of this new service are for shippers, the spokesperson said stable weekly sailings, reduced transit times, improved control and visibility with in-house consolidation operations, exceptional customer service MIQ Logistics, value added services and access to MIQ’s entire service portfolio.

“MIQ Logistics is enhancing its ability to provide fully integrated end to end supply chain management solutions to our customers,” the spokesperson said. “With the growing complexity of managing all supply chain activities, flexible origin solutions are a necessity to fulfill our commitment to improving our customers’ overall supply chain performance.”



About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The Port of Oakland has undertaken a series of measures in recent years to attract more import volume.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 8.2 percent from September 2013 to September 2014 at $102.2 billion.

NS said that the D&H lines it plans to acquire connect with the NS network at Sunbury, Pa. and Binghamton, N.Y. and give NS single-line routes from Chicago and the southeast U.S. to Albany, N.Y., which is in close proximity to NS’ Mechanicville, N.Y.-based intermodal terminal.

This follows a 1.6 cent decrease last week, which was preceded by a 5.4 gain the week before and stands as the first increase going back to the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon.

BNSF said that its 2015 capital expenditures will be allocated towards various areas of its business, including maintenance and expansion of the railroad to meet the expected demand for freight rail service, with 2015 representing the third straight year BNSF has invested a record annual capital expenditures investment.

Article Topics

News · 3PL · Global Logistics · MIQ Logistics · LCL · EMEA · All topics

About the Author

Jeff Berman, News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA