Farrow Wins Canada’s Best Managed Companies Platinum Club Designation
March 8, 2018
Toronto, ON – Farrow is pleased to announce that it has received Canada’s Best Managed Companies Platinum designation. 2018 marks the third time Farrow has been awarded the Platinum Club designation and is the ninth year Farrow has won the Best Managed award.
“Companies that earn Platinum Club status exemplify exceptional vision and leadership and a sustained commitment to growth and innovation,” said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. “CIBC is proud to recognize these and all of the 2018 Canada’s Best Managed Companies as leaders in their industries.” The Best Managed program winners are evaluated and recognized for their strategies, capabilities, and commitment to achieve sustainable growth.
With over 1,250 employees and 43 offices and warehouse locations, Farrow is among the largest private and family owned customs brokers in North America. In addition to providing customs brokerage services, the company also operates four divisions under the Farrow brand with services that include North American logistics, international freight forwarding, expedited deliveries, and trade management consulting.
“Last year brought many challenges and international trade became a topic of fierce debate,” says Rick Farrow, Chairman and CEO, Farrow. “Our team continued to give our clients the outstanding service that they’ve come to expect from us and we stepped up investments in our overall capabilities to ensure that we continue to deliver “Peace of Mind,” for them.”
Now in its 25th year, 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. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.
2018 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 11, 2018. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.
For further information, please contact:
President, Farrow Canada
905.677.8353 ext 512 (office)
Farrow is a customs broker and logistics provider with over 100 years of expertise in international trade. Owned and operated by the third generation of the Farrow family, with the fourth generation now involved on a day-to-day basis as well. With over 1,250 employees and 43 offices and warehouse locations, Farrow is among the largest private and family owned customs broker in North America.
In addition to providing customs brokerage services, Farrow also operates four divisions under the Farrow brand. These include Farrow Logistics (North American Logistics), Farrow Global Logistics (International Freight Forwarding and Global Supply Chain), Farrow Express (Expedited Deliveries), and Farrow Consulting (Import/Export and Trade Management Consulting). Under the National Logistics Services (NLS) brand, Farrow operates Canada’s leading logistics provider for fashion, footwear, action wear and general merchandise, with facilities located strategically in Toronto, ON and Vancouver, BC.
Farrow is a Platinum Club winner of Canada's Best Managed Companies Program.
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, TMX Group and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
Questions? Please contact your Farrow representative or complete our online form.