Logistec Corporation provides cargo-handling services to the marine and industrial sectors. Its core business is stevedoring, the loading and unloading of ships using specialized equipment and experienced personnel. Logistec also operates terminals, warehousing cargo while in transit to and from intermodal connections, including the loading and unloading of trucks and railway cars. The Company is one of the largest cargo-handling companies on Canada's East Coast and a growing player on the U.S. East Coast.
- Founded in 1952 by Roger Paquin;
- Logistec is a publicly traded company listed since 1969 on the Toronto Stock Exchange under the symbols LGT.A and LGT.B;
- Has recorded profits every year since 1969 and has more than doubled annual revenues since 1995;
- Operates in the marine and environmental sectors with over 85% of its revenues in the marine sector. Services include:
- Cargo handling at 23 ports in Eastern Canada, the Great Lakes and the Eastern United States, including a short-line railway linked to a coal-handling operation in Cape Breton (NS);
- Agency services to foreign ship owners and operators serving the Canadian market;
- Marine transportation services geared primarily to the Arctic coastal trade;
- Trenchless structural rehabilitation of underground water mains, management of PCBs, site remediation, risk assessment and fire-hose manufacturing.
- 349 employees in Canada;
- 430 employees in the USA.
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