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

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 a smaller, revisited version of the 2005 OHL takeover by France’s ...