RE:RE:RE:RE:This is such a fund driven stockGood point -- I dind't know that. At the risk of being on the wrong ticker's board, I checked it out. It turns out it's not signicicant at under 2% of lumber revenue. In 2014 they did 1.17 billion in revnue on the lumber side, and 19 million on the ocean freight. They didn't disclose EBITDAs.
Ships are also a harbinger of doom. Well, at least it was for MacBlo. It's been 10 years since reading their history (a great book BTW - https://www.amazon.ca/Empire-wood-MacMillan-Bloedel-story/dp/0295959843) but they picked up three ocean liners as part of badly planned strategic detour that helped sink the company. Kind of like Ainsworth's re-structuing that kicked out everyone with that last name about a decade ago.