Farrow announced as one of Canada’s Best Managed Companies – Again!
A Winner for 14 Consecutive Years – Platinum Level for 8
Toronto, ON – Farrow has been recognized for its industry-leading performance, global business practices, and sustained growth by receiving the prestigious 2023 Canada’s Best Managed Companies award. This is the fourteenth consecutive year Farrow has been named a winner, and the eighth year in which Farrow has maintained the Platinum Club Status.
“This recognition from a program which has a rigorous and independent process for evaluation is a testament to the hard work and dedication of our employees during what remains
challenging times post-pandemic. We’re thrilled to receive this designation for the 14th year in a row, and to have once again maintained our Platinum Club Status,” said Farrow CEO, Grant Robinson. “We look forward to continuing our growth across North America and beyond. The entire Farrow family shares this distinction with our employees and Leadership, and we look forward to the future ahead.”
“This year’s Best Managed winners displayed courage, resourcefulness, and creativity as they explored new avenues for advancement,” said Lorrie King, partner with Deloitte Private and co-leader for Canada’s Best Managed Companies program. “We’re extremely proud to recognize the impressive achievements of companies such as Farrow in this particularly rapidly evolving business world. Their successes demonstrate the importance of strong leadership and forethought in driving long-term growth.”
“CIBC is proud to sponsor Canada’s Best Managed Companies, a program that has been celebrating leading organizations that are working towards building a better future, for the past thirty years,” said Blair Cowan, executive vice-president, head of Commercial Banking and Real Estate at CIBC. “Companies such as Farrow, which successfully deliver innovative solutions for longer-term growth and investments, are a testament to our country’s high standards of excellence.”
Celebrating its 30th anniversary, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, innovation, governance, and financial performance.
Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world‑class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process. Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
The 2023 class of Best Managed companies share common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.
For further information, please contact:
Corporate Director, Marketing, Communications and Brand
With over 110 years of expertise in international trade, customs solutions, and integrated logistics, Russell A. Farrow Limited (Farrow), is one of the largest private and family-owned customs broker and logistics providers in North America. Operating locations across Canada, the United States, Europe and Asia, Farrow manages over 750 employees and 37 offices and warehouses.
In addition to providing customs brokerage, Farrow offers other global trade-related services operating under the Farrow brand, which includes Farrow Logistics (North American trade warehousing, distribution and fulfillment), Farrow Global Logistics (international freight forwarding and global supply chain management), Farrow Express (expedited deliveries), and Farrow Consulting (import/export and trade management consulting).
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for private Canadian owned and managed companies. 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 Private, CIBC, The Globe and Mail, Salesforce, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.