Logistec Corporation operates in the Marine cargo handling sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Logistec with three other
freight shipping companies in North America:
Algoma Central Corporation
(2019
sales of 567.91 million Canadian Dollars [US$402.20 million]
of which 50%
was Domestic Dry-Bulk),
Pangaea Logistics Solutions Ltd
of UNITED STATES
($412.20 million
of which 100%
was chief operating decision maker (CDOM)), and
SFL Corporation Ltd
which is
based in BERMUDA
(458.85 million Bermudian Dollars [US$458.85 million]
).
Sales Analysis.
Logistec reported sales of C$639.94 million (US$453.22 million)
for the
year ending
December of 2019.
This
represents
an
increase of 9.4%
versus 2018, when the company's sales were C$584.88 million.
This was the third consecutive year of growth at Logistec.
Sales of Marine Services saw an increase
of
13.1% in 2019, from
C$340.76 million to C$385.31 million.