MIQ Logistics Expands Truckload Brokerage Services

Launching independent truckload brokerage agent program

Oct 12, 2010, 09:00 ET from MIQ Logistics

OVERLAND PARK, Kan., Oct. 12 /PRNewswire/ -- MIQ Logistics, formerly YRC Logistics, is expanding its Truckload Services by launching an independent agent program throughout the United States and Canada. The program will help the company expand market presence, increase sales and provide new opportunities for truckload services.  

To help grow the program, MIQ Logistics will work with independent truckload brokerage agents who are experienced in selling brokerage services or transportation services and are interested in expanding their current book of business.

"Our decision to expand our truckload brokerage services through an independent agent network shows our commitment to the growth and expansion of our current portfolio of services," says David Griffith, senior vice president at MIQ Logistics.  Griffith goes on to explain that the agent program provides agents with a competitive commission structure, access to user-friendly technology, marketing support materials and back-office support.

Formerly known as YRC Logistics, the company was purchased by Austin Ventures from YRC Worldwide, and entered the market as MIQ Logistics in Aug. 2010.  MIQ Logistics operates as a private company in partnership with Austin Ventures, and is poised for expanding its service offering and continuing development of its global network.

Independent agents interested in learning more about the MIQ Logistics truckload brokerage agent program should visit miq.com.

About MIQ Logistics

MIQ Logistics is a global logistics company headquartered in Overland Park, Kansas and with offices in North America, Asia, Europe and South America.  MIQ Logistics enables companies to improve their transportation network and overall supply chain efficiency by offering flexible logistics solutions supported by Web-native technology and global logistics management capabilities.

About Austin Ventures

Austin Ventures ("AV") has worked with talented entrepreneurs to build valuable companies for over twenty-five years. With $3.9 billion under management, AV is the most active venture capital and growth equity firm in Texas and one of the most established in the nation. With an investment focus on business services and supply chain, financial services, media and information services, software and Internet, and Texas special situations, AV invests at all stages of company development, from $100,000 in "planned experiments" in early stage ideas to $100+ million investments in expansion rounds, minority recapitalizations, and buyouts of lower middle market growth companies. AV has been an active investor in transportation and logistics and continues to actively expand its presence in the space.

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