Your assessment is entirely correct. The queue assumes it shoudl be the first thing shown in the panel, and so covers other components placed above it. There are two work - arounds that I know of.
1. Use the queue title property instead of the page title. (maybe even adjust the CSS so its bigger). 2. Add a second panelset to the queue panel of type "Veritcal panels". Put the page title in the first one, and the queue in the second one. This will put things where they belong.