Logistics firms hit the HOT 50

by MM&D staff

TORONTO: Four logistics and supply chain companies have been ranked in Profit magazine’s 12-annual Hot 50 list of companies.

L3M Freight Solutions Inc, based in Hamilton, ranked twelfth on the list, while Quispamsis, NB-based Seaside Transportation Services Inc weighed in at number 22. Third-party logistics provider Dynamic Connections Inc, headquartered in Oakville, ON, took the number- 23 spot. Freight brokerage firm CS-1 Transportation Inc, also based in Oakville, ranked 29 on the list.

The PROFIT HOT 50 is a ranking and recognition program for young and growing companies. The winners are profiled in the October issue of PROFIT magazine. The publication ranks entries by two-year revenue growth verified through a financial statement review. All growth rates are calculated from base-year revenue of at least $100,000.