Logistec

What Logistec does

Logistec Corporation is a North American marine terminal operator and integrated logistics services provider, headquartered in Montréal, Québec and founded in 1952. The company operates 62 ports and 85 terminals across Canada, the United States, and (as of February 2026) Mexico, handling bulk, breakbulk, container, and project cargo for industrial companies, manufacturers, agricultural customers, and energy companies. Logistec also operates the LOGISTEC Direct network, which provides end-to-end supply chain services including trucking, warehousing, Container Freight Station (CFS) operations, Foreign Trade Zone (FTZ) services, and distribution across approximately 41,000 shipments and 310,000 tonnes of trucked cargo annually. Core sub-brands include Gulf Stream Marine (Gulf Coast terminal and stevedoring operations, including the Care Terminal at Port of Houston with two newly commissioned 120-tonne harbor cranes) and a former Environmental Services division comprising Sanexen (site remediation) and CoreAqua (trenchless water pipe rehabilitation, including the ALTRA product line).

The business model is professional services-based: Logistec monetizes cargo handling through terminal operations, stevedoring, warehousing, and drayage contracts with enterprise customers, supplemented by marine transportation services in the Canadian Arctic and marine agency services for ship owners. Revenue is generated primarily through transaction-based and contract pricing with industrial clients, with fuel cost adjustments passed through to customers. The company supports digital operations through a customer web portal (Web Cargo Tracking and Online Truck Scheduling), though no public APIs or AI/ML products are disclosed in available materials. As of June 2026, Logistec's marine terminal division is subject to a definitive agreement to be acquired by Enstructure, with financing from Blackstone Credit & Insurance and OMERS; Logistec's parent Blue Wolf Capital Partners will retain majority ownership of the Sanexen and CoreAqua environmental services businesses and remain an investor in the combined entity.

Logistec was historically a publicly traded company on the TSX (LGT.A) prior to majority ownership by Blue Wolf Capital Partners; the firm now operates as a privately held portfolio company. The leadership team is led by CEO Sean Pierce (appointed January 2024, with prior CEO experience at Yilport Holding), supported by a senior management team with deep terminal operations, port infrastructure, and container shipping backgrounds. The company employs approximately 3,700 people across North American operations and is recognized for environmental leadership, holding 30 Green Marine Certified Terminals — an industry record — and winning the International Bulk Journal's 2025 Best Specialist Dry Bulk Terminal Award for its Port Redwing, Florida facility.

Name

Logistec

Legal name

LOGISTEC Corporation

Website

https://logistec.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Logistec is a Montréal-based North American marine terminal operator and logistics services provider operating 62 ports and 85 terminals, serving industrial, agricultural, and energy customers with cargo handling, trucking, and warehousing through its LOGISTEC Direct and Gulf Stream Marine sub-brands.

Ownership category

akta.pro rank

Product category

Marine Terminal Operations and Logistics Services

NAICS

Marine Cargo Handling (488320), Port and Harbor Operations (488310), Freight Transportation Arrangement (488510)

SIC

Water Transportation (4400), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Terminal Cargo Handling & Yard Operations (Receiving, Staging, Delivery) (TLAHALAB)

akta.pro secondary industries

Container Terminal Operating Services & Management (Terminal Operator / Concessionaire) (TLAHAAAI), Bulk Terminal Services & Operations (Stevedoring, Sampling, Weighing, Blending) (TLAHABAO), Conventional Breakbulk Terminals (Unitized Cargo, Palletized, Bagged) (TLAHADAA)

Keywords

• Marine terminal operations
• Stevedoring services
• Integrated logistics solutions
• Bulk cargo handling
• Port logistics management

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Terminal Operations and Stevedoring Services: Cargo handling services at marine terminals including bulk, breakbulk, container, and specialized project cargo. Services include stevedoring, terminal operations, and multimodal logistics handling.
2. LOGISTEC Direct Logistics Services: Integrated logistics services including trucking, warehousing, CFS (Container Freight Station), and distribution connecting terminal operations to final destinations. Handles approximately 41,000 shipments and 310K tonnes of cargo transported by truck annually.
3. Marine Transportation Services: Arctic marine transportation services and marine agency services for ship owners and operators

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Logistec operates as a multi-purpose marine terminal operator and logistics services provider across North America. The company's core offering combines terminal operations across 62 ports and 85 terminals handling bulk, breakbulk, container, and project cargo with integrated logistics services including trucking, warehousing, container freight station (CFS), and foreign trade zone (FTZ) operations delivered through LOGISTEC Direct.

Product overview

LOGISTEC operates as a multi-faceted marine terminal operator and logistics services provider across North America. The core offering combines LOGISTEC Marine Services (terminal operations across 62 ports and 85+ terminals handling bulk, breakbulk, container, and project cargo) with LOGISTEC Direct (integrated logistics including trucking, warehousing, CFS, and FTZ solutions). The company also maintains Environmental Services divisions (Sanexen, CoreAqua, and ALTRA technology product lines) for water infrastructure and remediation, plus marine transportation and agency services. Gulf Stream Marine operates as a sub-brand providing stevedoring at Gulf Coast terminals including the Care Terminal at Port of Houston.

Differentiator

Problem solved

Functional benefit

Products and services

• LOGISTEC Marine Services Terminal operations and cargo handling services across 62+ ports and 85+ terminals in North America, including bulk, breakbulk, container, and project cargo handling, plus stevedoring and terminal services for industrial companies, manufacturers, agricultural customers, and energy companies.
• LOGISTEC Direct Integrated logistics services offering trucking, warehousing, CFS (Container Freight Station), and FTZ (Foreign Trade Zone) solutions with connections to Logistec terminals across North America, providing turnkey vessel-to-door logistics for supply chain partners.
• Gulf Stream Marine Sub-brand operating terminal and stevedoring services at Gulf Coast terminals, including Care Terminal at Port of Houston, serving customers with diverse cargo handling needs.
• Marine Transportation Services Arctic marine transportation services for cargo delivery across northern regions, supporting supply chain operations in remote northern geographies.
• Marine Agency Services Agency services for ship owners and operators, representing vessels in North American ports and serving as a liaison between vessel operators and terminal operations.
• Care Terminal (Port of Houston)

Quantifiable outcome

• 3 million metric tons of cargo handled annually at Port Redwing terminal alone
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and major.

• EnstructurecoreStrategic or Co-development Partner · 15 June 2026Enstructure, a North American terminal and logistics company, has agreed to acquire all marine terminal operations of LOGISTEC covering operations across Canada and the United States, including Gulf Stream Marine and LOGISTEC Direct brands. The combined business will operate a complementary network of terminals and logistics assets serving major trade corridors. LOGISTEC will maintain its head office in Montréal where it has operated for more than 70 years.
• Port HoustoncoreStrategic or Co-development Partner · 18 March 2026Port Houston partnership with LOGISTEC at Care Terminal represents long-term strategic commitment to infrastructure, connectivity, and global competitiveness. LOGISTEC's investments in Care Terminal help ensure the Gulf Coast region is well-positioned to meet demand for specialized, breakbulk, and project cargo. Care Terminal is part of the largest breakbulk and project cargo port complex in North America.
• Travero (Subsidiary of Alliant Energy)majorOthers · 11 March 2026LOGISTEC acquired Logistics Park Dubuque (LPD) from Travero, a wholly owned subsidiary of Alliant Energy Corporation. LPD is a 100-acre multimodal marine terminal in East Dubuque, Illinois on the Upper Mississippi River. RJM & Company served as exclusive financial advisor to Travero on the sale.
• IPA Terminal (IPA, ATEMSA, SMA, STEEL)majorOthers · 17 February 2026LOGISTEC entered into a definitive agreement to acquire 100% of IPA Terminal at the Port of Altamira, Mexico - a breakbulk and steel handling facility marking LOGISTEC's expansion into Latin America. Co-CEOs of IPA expressed that the transaction could create exceptional opportunities for employees, customers, and communities. Transaction subject to regulatory approvals from Mexico's Comisión Nacional Antimonopolio and Port Authorities. Berenson & Company served as financial advisor to LOGISTEC.
• Green MarinecoreStrategic or Co-development Partner · 12 June 2025Green Marine is a voluntary environmental certification program for the maritime industry. LOGISTEC has achieved 30 certified terminals under this program, setting an industry record. CEO Sean Pierce serves as a Green Marine board member. The program requires participants to continually improve performance through rigorous, independently verified criteria.
• CN RailwaycoreStrategic or Co-development PartnerLOGISTEC Direct facilities have direct CN rail access, enabling efficient intermodal connections for cargo transloading and distribution at locations like Logistics Park Dubuque and Quebec terminal.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• SSA Marine: Privately held North American terminal operator with container, bulk, and breakbulk terminals across the US West Coast, East Coast, and inland. Operates as a similar multi-purpose, mid-sized platform in the same geographic corridors as Logistec.
• Ports America: Largest independent marine terminal operator in the United States, operating container, bulk, breakbulk, and roll-on/roll-off terminals on the East and Gulf coasts. Same multi-purpose terminal operating model and overlap with Logistec's Gulf Coast and East Coast footprint.
• Enstructure: North American marine terminal and logistics operator with a comparable multi-purpose terminal portfolio. Enstructure is acquiring Logistec's marine terminal division, making it the closest operational and strategic counterpart and the most direct competitor and consolidator in the same product category.
• Ceres Terminals: North American terminal operator focused on bulk, breakbulk, and project cargo handling across the Great Lakes, East Coast, and Gulf Coast — directly mirroring Logistec's product mix and asset-light operations approach.
• Yilport Holding: Global container and multi-purpose terminal operator owned by Yildirim Group, with terminals in the Mediterranean, Latin America, and Africa. Relevant as Logistec CEO Sean Pierce previously served as CEO and as a direct peer to Logistec's growing Latin American (Altamira) operations.

Broad incumbents

• PSA International: One of the world's largest container terminal operators with a global port network. PSA competes for the same cargo owners and concession renewals but at vastly greater scale and with a deeper containerized focus than Logistec.
• Hutchison Ports: World's largest independent port operator by container throughput, with terminals in North America (including Freeport Bahamas and Panama). Competes for the same deep-sea containerized volumes that flow through Logistec's terminal network.
• DP World: Global marine terminal operator with North American terminals at key ports and integrated logistics services comparable to Logistec Direct. Operates as a broader logistics-and-trade-enablement platform rather than a pure multi-purpose specialist.
• APM Terminals (Maersk): Container terminal operating division of A.P. Moller-Maersk operating terminals globally, including major US East and Gulf Coast facilities. Competes for the same mainline containerized cargo segment as Logistec's container terminals.

Others

• Genesee & Wyoming Inc. North American short-line and terminal services rail operator with intermodal and bulk transfer capabilities. Comparable through the rail-connected terminal services provided via LOGISTEC Direct and Logistics Park Dubuque's CN/CSX intermodal connections.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/logistecgroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Logistec