Leo_Ames It's not officially public yet, but Great Lakes Fleet crews have been informed they're for sale. Another quick move in the wake of their failure to acquire KCS and the subsequent attack by TCI.
It's not officially public yet, but Great Lakes Fleet crews have been informed they're for sale. Another quick move in the wake of their failure to acquire KCS and the subsequent attack by TCI.
Saw this move coming. Hopefully American Steamship Company or Interlake take over the fleet.
Juniata Man is correct about CN Worldwide, and how the current supply chain situation helped to foster its demise. I always thought is was a great idea. CN is forward looking in many regards.
However... Short term notices of termination along with stranded bookings is a no no...
I'd suspect this is related to the current issues involving ocean transportation as well as trying to defend against TCI.
About the only way to provide added value as a freight forwarder in ocean transport right now would be to charter a couple of container ships and lease a bunch of containers. One can imagine the howl from Chris Hohn at TCI were CN to spend money on something like that.
CW
https://www.producer.com/news/cns-abrupt-end-to-freight-forwarding-surprises-shippers/
Interesting timing. Profitable, but not profitable enough?
And of course we have the usual excellent customer service and notification that railroads are known for.
Greetings from Alberta
-an Articulate Malcontent
Our community is FREE to join. To participate you must either login or register for an account.