The company joins the prestigious list of
Canada's Best Managed Companies
for a second year.
MONTRÉAL, May 14, 2024
/CNW/ - LOGISTEC Corporation ("LOGISTEC"), a leading marine and
environmental services provider, has received the 2024
Canada's Best Managed Companies award, now for the second
year. This award recognizes LOGISTEC's outstanding business
performance, continuous sustained growth, bold strategy, and
culture of innovation.
"We are very honored to be named a Best Managed Company for the
second year," said Sean Pierce,
Chief Executive Officer of LOGISTEC. "I am proud of our
high-performing leadership team and our dedicated people across
North America. This award not only
acknowledges LOGISTEC's remarkable and consistent financial
performance but also underscores our relentless culture of
innovation that constantly pushes boundaries and exceeds
expectations."
Now in its 31st year, Canada's Best Managed Companies is one of the
country's most prestigious business awards programs, honoring
Canadian-owned and managed businesses for their innovative,
world-class business practices.
"Fuelled by our successful achievements, we will keep building
on our strong foundation. Our long-term vision sets an ambitious
destination while capitalizing on current market trends," added
Sean Pierce.
The Best Managed Companies program celebrates companies that are
demonstrating leadership in the areas of strategy, capabilities,
innovation, culture, commitment, financials, and have a proven
track record of achieving sustainable growth. Each year, hundreds
of entrepreneurial companies undergo a rigorous and independent
application process that evaluates the caliber of their management
abilities and practices, but only the best are awarded this
prestigious designation.
About LOGISTEC
LOGISTEC Corporation is based in Montréal (QC) and provides
specialized services to the marine community and industrial
companies in the areas of bulk, break-bulk and container cargo
handling in 60 ports and 90 terminals located in North America. LOGISTEC Corporation also
offers marine transportation services geared primarily to the
Arctic coastal trade as well as marine agency services to
shipowners and operators serving the Canadian market. Furthermore,
the Company operates in the environmental industry where it
provides services to industrial, municipal and other governmental
customers for the renewal of underground water mains, PFAS
treatment solutions, dredging, dewatering, contaminated soils and
materials management, site remediation, risk assessment, and
manufacturing of fluid transportation products. More information
can be obtained on the Company's website at www.logistec.com.
About Canada's Best Managed Companies
Program
Canada's Best Managed Companies
program continues to be the mark of excellence for Canadian owned
companies. Every year since the launch of the program in 1993,
hundreds of entrepreneurial companies have competed for this
designation in a rigorous and independent process that evaluates
their management skills and practices. The awards are granted on
four levels: 1) Canada's Best
Managed Companies new winner (one of the new winners selected each
year); 2) Canada's Best Managed
Companies winner (award recipients that have re-applied and
successfully retained their Best Managed designation for two
additional years, subject to annual operational and financial
review); 3) Gold Standard winner (after three consecutive years of
maintaining their Best Managed status, these winners have
demonstrated their commitment to the program and successfully
retained their award for 4-6 consecutive years); 4) Platinum Club
member (winners that have maintained their Best Managed status for
seven years or more). Program sponsors are Deloitte Private, CIBC,
The Globe and Mail, Salesforce and TMX Group. For more information,
visit www.bestmanagedcompanies.ca.
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SOURCE Logistec Corporation - Communications