Logistec Stevedoring Inc News

The CPE Certified Port Executive Program welcomed four new graduates at the completion of their program in Ottawa September 21, 2012. The new graduates join alumni of over 100 port, transportation and military personnel who have participated in the program since its creation in 2010. This port management program is a five day course designed to provide participants with a professional education opportunity related to the operations of ports, vessels, marine terminals and the related transportation system.

Logistec Corporation (TSX:LGT.A)(TSX:LGT.B), a diversified cargo handler in eastern Canadian and U.S. ports, announced that it has acquired, through its wholly-owned subsidiary, Logistec Stevedoring Inc., 100% of the issued and outstanding shares of Les Terminaux Rideau Bulk Terminals Inc. Rideau Bulk operates in four ports along the St. Lawrence Seaway located between Montreal (QC) and Toronto (ON). It also operates two inland terminals in the Ottawa (ON) region. Its main activity is to receive road salt from self-unloaders, and occasionally from bulkers, and do the stockpiling, storage and truck loading for the three major salt companies serving eastern Canada. (www.logistec.com)