Friday December 8 2017 – The Trois-Rivières Port Authority (TRPA) is pleased to announce that it has entered into an agreement with Logistec Stevedoring Inc. for the leasing and operation of its general cargo terminal. This agreement strengthens a long-standing business relationship between the Port of Trois-Rivières and one of the leading port terminal operators in North America.

Investments helped pave the way for this agreement

Earlier this month, the TRPA completed the Dock 10 extension project. With a total cost of $14.8 million, this investment complements the work which began in 2010 at the general cargo terminal. This project included the redesign of outdoor storage areas 10 and 11 and the construction of warehouse 9, complementing the existing warehouses 10 and 11. This project was part of the implementation of the On Course for 2020 modernization plan, which required investments of $131.6 million, of which $49 million was funded by the TRPA, $22.2 million by the Government of Canada, $8.2 million by the Government of Quebec and $52.2 million by the private sector. This plan will be completed by the end of 2017, three years ahead of schedule.

As Ms. Madeleine Paquin, President and CEO of Logistec, explained, “With this agreement, Logistec reaffirms Trois-Rivières’ importance in our network of terminals. We applaud the TRPA’s efforts to equip the general cargo terminal with efficient infrastructure to meet market needs. We also thank the TRPA for their trust in Logistec by entering into this agreement.”

For its part, the TRPA is enthusiastic about building on a business relationship which dates back 50 years with a partner whose reputation and professionalism are second to none.

As Mr. Gaétan Boivin, President and CEO of the TRPA, explained, “We are proud to rely on a partner such as Logistec to provide Port of Trois-Rivières customers with stevedoring services which meet the highest standards of quality. Today, we are making it very clear to all those involved in the general cargo transportation industry that, following unprecedented modernization on the St. Lawrence River, the Port of Trois-Rivières has become the destination of choice for the transportation of non-containerized goods.”

The general cargo terminal to be operated by Logistec includes three warehouses of 17,943 m2 each and 36,000 m2of outdoor storage space. With three wharves and excellent road and rail connections, this terminal represents a premium intermodal platform. Open year-round, access to the terminal is controlled 24/7. Logistec provides a fleet of handling equipment to efficiently meet the needs of shippers. The Port of Trois-Rivières workforce is renowned for the quality of their work and concern for their customers’ needs. With this new infrastructure and the agreement with Logistec, shippers will find that Trois-Rivières offers storage and intermodal transfer facilities that will contribute to the success of their supply chains.

About Logistec

Logistec Corporation provides innovative, comprehensive industrial solutions to specific markets. Founded in 1952, we are a publicly traded company with operations in marine services and environmental services.

Our cargo handling operations span from the Canadian Arctic to the southern United States. We offer stevedoring, port logistics, transportation, warehousing, inventory management, and other value-added services to help get your products to market on time and on budget.

Logistec provides specialized operational expertise to shippers, carriers, brokers, freight forwarders, manufacturers, traders, importers, exporters, and various other industrial clients. Our team of approximately 1,600 experienced employees can safely and efficiently handle all types of dry cargo – bulk, break-bulk, and containers. We work with metals, minerals, forest products, automobiles, raw materials, grain, project cargo, wind energy components, offshore resupply, and heavy lift.

About the Port of Trois-Rivières

The Port of Trois-Rivières handles over 3 million metric tonnes of traffic and 70% of this traffic is related to international trade. It accommodates 55,000 trucks, 11,000 railcars and more than 200 merchant ships annually originating from over 125 different ports in more than 40 countries around the world.

As part of the 18 Canadian Port Authorities and active since 1882, the Port of Trois-Rivières offers a wide range of facilities and services to the maritime industry throughout the year. Generating close to 900 direct jobs, it is an important player in regional, national and international economic development for major industrial sectors such as the construction industry, aluminum, mining, energy and agri-food.

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