Logistec Acquires Rideau Bulk

29 October 2009 (Last Updated October 29th, 2009 18:30)

Logistec Corporation has acquired Les Terminaux Rideau Bulk Terminals through its wholly-owned subsidiary, Logistec Stevedoring. Rideau Bulk operates in four ports along the St Lawrence Seaway located between Montreal, Canada and Toronto. It also operates in two inland terminals in the

Logistec Corporation has acquired Les Terminaux Rideau Bulk Terminals through its wholly-owned subsidiary, Logistec Stevedoring.

Rideau Bulk operates in four ports along the St Lawrence Seaway located between Montreal, Canada and Toronto. It also operates in two inland terminals in the Ottawa region.

The financial details were not disclosed.

The cargo operator is involved in stockpiling, storage and truck loading for the three major salt companies serving eastern Canada.

Based in Montreal, Logistec Corporation is a cargo handler in eastern Canadian and US ports.