Logistec Corporation, a marine and environmental services provider,has announced that it has acquired, through its wholly owned subsidiary, Logistec USA Inc., 100% of the issued and outstanding shares of CrossGlobe Transport, Ltd. (“CrossGlobe”).

CrossGlobe provides port logistics services for forest products, auto parts and other cargoes in three terminals in the Port of Virginia and also operates an off-dock facility. Services include container stuffing and destuffing, warehousing and distribution, and other value-added services to its industrial customers.

“CrossGlobe’s operations are a natural fit to Logistec’s network of terminals as they extend not only our footprint to ports in Virginia, but also provide an increased scope of services to our industrial market,” commented Madeleine Paquin, President and Chief Executive Officer of Logistec Corporation.