MONTRÉAL, Sept. 27, 2022 /CNW/ - LOGISTEC Stevedoring Inc., a subsidiary of LOGISTEC Corporation, is honoured to be named 2022 Terminal Operator of the Year at the Heavy Lift Awards Ceremony held in Hamburg, Germany. As LOGISTEC celebrates its 70^th anniversary, this prestigious award comes at a time of global challenges in the supply chain and recognizes LOGISTEC's ability to respond to and anticipate customers' needs with innovative solutions.

"Our team demonstrates every day an unwavering commitment to and passion for going beyond for our customers and communities," stated Rodney Corrigan, President of LOGISTEC Stevedoring Inc. ("LOGISTEC"). "Handling oversized and heavy cargo in a safe and resilient manner is a specialized skill that requires teamwork and creativity, while always looking out for each other. This award goes to our people who find solutions and contribute to a reliable and sustainable supply chain."

LOGISTEC was highly commended for Excellence in Environmental Performance. LOGISTEC is leading the drive to a sustainable supply chain through concrete ESG objectives, smart investments and continuous operational enhancements. It is also a founding member of Green Marine, an important North American movement that aims to reduce the industry's environmental footprint.

"Delivering responsibly is at the heart of our operations and our people are dedicated to making a difference, as we move the industry toward a sustainable future," added Madeleine Paquin, President and CEO of LOGISTEC Corporation. "As the supply chain disruption continues across North America and around the world, we are pleased that Heavy Lift recognizes the relentless efforts of our experts on the docks, for the second year in a row."

The Heavy Lift Awards celebrate the achievements of the project cargo supply chain, showcasing the work of the logistics industry – from the engineering efforts behind the impressive moves and lifts, to the work that puts training and safety at the forefront of this sector. LOGISTEC is grateful to the Heavy Lift Awards committee for this award which highlights the important work of our 3,200 people who support the global supply chain every day. The winners were announced at the Grand Elysée Hotel in Hamburg, Germany on Thursday, September 22.

ABOUT LOGISTEC Corporation

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 53 ports and 79 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, dredging, dewatering, contaminated soils and materials management, site remediation, risk assessment, and manufacturing of fluid transportation products.

The Company has been profitable and has paid regular dividends since becoming public and payments have grown steadily over the years. A public company since 1969, LOGISTEC Corporation's shares are listed on the Toronto Stock Exchange under the ticker symbols LGT.A and LGT.B. More information can be obtained on the Company's website at www.logistec.com.

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SOURCE Logistec Corporation - Communications

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