2017-03-10 | [ssba]

Oceanex Inc. One of Canada’s Best Managed Companies Gold Standard Requalified Winner

March 9, 2017 – For the sixth consecutive year, Oceanex Inc. has been honoured with the prestigious Canada’s Best Managed Companies designation. Oceanex originally won in 2011 and has requalified in 2017 to maintain its status as a Best Managed Gold Requalified company. The Best Managed program recognizes the best-in-class of Canadian-owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.

“Best Managed companies deserve recognition for their entrepreneurial approach to excelling in an uncertain economic climate. They truly bring out the best in Canadian business leadership,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program.

Oceanex is one of the most successful intermodal transportation companies in Eastern Canada. It is committed to operating to the highest standard while offering a cost effective, quality service to customers. This is supported by a progressive management style that encourages a culture of safety, quality, and continuous improvement throughout the organization.

Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Winners are an important engine of economic growth for being adaptable and sustainable in a global market. Applicants are evaluated by an independent judging panel made up of judges from Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. Best Managed companies share commonalities that include an emphasis on culture and people, innovation, sustained performance and strong financial results.

“Oceanex employees are indeed very proud to requalify as a Gold Standard Member and one of Canada’s Best Managed Companies for the 6th consecutive year”, states Captain Sid Hynes, Executive Chairman at Oceanex. “Our people take great pride in the efficient, reliable service they consistently provide. This award is certainly a result of their efforts.”

About Canada’s Best Managed Companies

Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (Winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.

About Oceanex Inc.

Oceanex Inc, a privately owned corporation, offers a complete range of shipping and trucking services to Newfoundland and Labrador from anywhere in North America and sets the pace in service efficiency, safety and reliability. Over the past 100 years, shippers have come to rely upon Oceanex’s fixed-day schedules, on-time performance and dependable, quality service.


For further information, please contact:
[email protected]

Lori Caines
Oceanex Inc.
709-758-0360 (Fax)
[email protected]