March 10 - Logistec USA Inc (Logistec), a subsidiary of Logistec Corporation, has signed a 10-year agreement with the Cleveland-Cuyahoga County Port Authority to operate the Cleveland Bulk Terminal from April 2017.

"Cleveland Bulk Terminal will become a significant part of our network along the Great Lakes and St Lawrence Seaway," said Madeleine Paquin, president and ceo of Logistec.

Cleveland Bulk Terminal handles dry bulk commodities, principally iron ore pellets destined for steel production on the Cuyahoga River Ship Channel and limestone destined for Ohio power plants. The 45-acre facility began operating in 1997 and is located on the outer harbour of the Port of Cleveland, west of the mouth of the Cuyahoga River. The terminal is directly serviced by Norfolk Southern railroad.

Cleveland port handles a variety of cargoes including steel, wind turbine components and bulk products.

Logistec has been operating in the USA for more than 20 years and handles dry cargo at 10 ports and terminals along the East Coast. These activities include: containers, steel, steel scrap and project cargo in Port Manatee, Florida; steel, lumber and salt in New London, Connecticut; and various bulk products (notably biomass) in Brunswick, Georgia.