MONTRÉAL, Nov. 22, 2019
/PRNewswire/ - Expert marine terminal operators LOGISTEC
USA Inc. ("LOGISTEC") and Waterson
Terminal Services, LLC ("WTS"), who entered into a cargo-handling
agreement in June at ProvPort, in Providence (RI), are
preparing to handle an increased volume of lumber to meet growing
demand in the northeastern U.S. markets. The first vessel of
specialized lumber from Europe,
destined for manufacturers in the housing and construction markets
throughout New England, arrived at ProvPort last month.
LOGISTEC had been the terminal operator at the Port of New
London (CT) for the past 20 years. After its mandate ended in
April 2019, LOGISTEC moved its
operations to ProvPort. Many lumber customers who had come to
depend upon LOGISTEC's reliable and efficient service over the
years at New London, chose to move
their business to ProvPort with LOGISTEC.
"This is exciting for us," explained Rodney Corrigan, President of LOGISTEC. "When we
made the move to ProvPort, our long-term customers at New London were our first concern. We have
built incredibly strong relationships with our customers over the
years and we understand the complexities of their business
extensively. When our customers told us they would adjust their
supply chain to move with us to ProvPort, we worked very closely
with WTS to ensure a seamless transition. Given the success of our
first lumber vessel discharge and additional vessels forthcoming at
ProvPort, we will continue to offer our existing and new customers
operational expertise, advanced technology and creative solutions
as we move forward."
"ProvPort is the ideal marine facility for all types of
break-bulk cargo destined for markets throughout the Northeast.
Providence's close proximity to
large-scale projects means quicker turnaround time to market and
more control over the complete supply chain for our customers,"
added Chris Waterson, General
Manager of WTS. "This is our first lumber shipment in almost 20
years and we are excited to be working with LOGISTEC and tapping
into its network to bring new cargoes and customers to
ProvPort."
"Our customers are very pleased with the service at ProvPort,
making it their preferred gateway, and with the unparalleled
efficiencies and customized services offered by LOGISTEC," added
Mr. Corrigan.
About LOGISTEC
LOGISTEC Corporation is based in
Montréal (Québec) and provides specialized services to the marine
community and industrial companies. LOGISTEC offers bulk,
break-bulk and container cargo handling services in some 34 ports
and 60 terminals located in North
America. LOGISTEC also offers marine transportation services
geared primarily to the Arctic coastal trade, as well as marine
agency services to foreign shipowners and operators serving the
Canadian market. Furthermore, LOGISTEC operates in the
environmental sector where it provides services to industrial,
municipal and governmental customers for the trenchless structural
rehabilitation of underground water mains, regulated materials
management, site remediation, risk assessment, and manufacturing of
woven hoses.
A public company since 1969, LOGISTEC's shares are listed on the
Toronto Stock Exchange under the ticker symbols LGT.A and LGT.B.
For more information, please visit www.logistec.com.
About Waterson Terminal Services
Waterson Terminal
Services, LLC ("WTS") specializes in handling bulk, break-bulk and
project cargoes serving ProvPort and the Ports of
Davisville (RI) and New Bedford (MA). In its capacity as
terminal operator, WTS takes on all responsibility for vessel
scheduling, general management, safety and capital improvements at
the deep-water port.
www.logistec.com
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SOURCE Logistec Corporation - Communications