News / 2013

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ADM pays $54.3 million to settle Ukraine tax bribes

A unit of Archer Daniels Midland Company (ADM) pleaded guilty Friday to violating the FCPA by bribing Ukrainian government officials through vendors in exchange for value-added tax (VAT) refunds.

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December 2013 Industry News

“The modest rise in the Leading Economic Index in October follows the strong advances recorded in the prior two months, which helps lift the six-month annualized growth rate to 5.1 percent from 3.7 percent in the previous six months. The recent increase in the index supports our forecast that the U.S. economy is poised to grow somewhat faster at 2.3 in 2014 compared to 1.6 percent in 2013. Within the details, the sub-indexes contributing positively to growth are the financial, housing and manufacturing variables. Restraining growth is the ongoing caution of businesses that continue to keep tight reins on capital expenditures.”

– Kathy Bostjancic Director of Macroeconomic Analysis at The Conference Board

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Layne Christensen more than doubles FCPA settlement reserve

Kansas-based Layne Christensen Company said last week it has increased its reserve for a potential FCPA settlement from $4.8 million to $10.4 million. That amount, the company said, represents the low end of the range for a possible settlement, which could also reach $16 million or more.

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MIQ Logistics Named a Top 50 Logistics Company

Overland Park, KS, December 12, 2013 – Transport Topics named MIQ Logistics to its 2013 list of top 50 logistics companies. TheTransport Topics Top 50 is an annual ranking by revenue of North American logistics companies. This marks the third consecutive year our three-year-old company has been included on the list.

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December 9th: International Anti-Corruption Day

Today marks the 8th anniversary since the creation of “International Anti-Corruption Day” by the General Assembly of the United Nations.

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December 2013 MIQ Logistics Country Holidays

Please note the following MIQ Logistics holidays. All MIQ Logistics offices within the specified country will be closed on the dates listed, unless noted otherwise.

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Brenda Stasiulis

MIQ Logistics CFO Honored by Kansas City Business Magazine

Overland Park, KS, November 21, 2013 – MIQ Logistics is proud to announce that Ingram’s magazine named Chief Financial Officer Brenda Stasiulis to its 2013 class of Women Executives-Kansas City (WeKC). Stasiulis is one of 10 women recognized by the publication this year.“Brenda clearly deserves this honor,” says John Carr, president and chief executive officer-MIQ Logistics. “A respected member of our leadership team, Brenda’s integrity and strategic vision help guide our business planning as well as financial strategy.”

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Logistics Magazine Honors 3PL Provider, MIQ Logistics

Overland Park, KS, November 19, 2013For the third consecutive year, Inbound Logistics (IL) magazine named MIQ Logistics to its list of Top 100 3PL Providers.

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November 2013 Industry News

“The September LEI suggest the economy was expanding modestly and possibly gaining momentum before the government shutdown,” said Ken Goldstein, Economist at The Conference Board. “Beyond the immediate fallout of the shutdown, the biggest challenge is whether relatively weak consumer demand, pinned down by weak wage growth and low levels of confidence, will recover during the final stretch of 2013 and into 2014.”

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Other Anti-Corruption Laws you may be subject to:

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