Post by
marketsense on Nov 18, 2021 10:29pm
Ferndale
Still not sure. There is a washout of one rail line in Sumas Washington where all
the flooding is. Don't know if that is affecting ALA's rail shipments. Will call
ALA HQt's in Vancouver tomorrow. Need to get some answers regarding Ferndale.
At this point I'm not going to assume anything. That Washington state rail line
washout just happened today..... I saw the photos. It doesn't look major IMO
and I don't even know if ALA uses it so........a few things to be clarified before I
can say everything is ok.
Comment by
rustyblades on Nov 19, 2021 11:04am
On BNN at about 9:15 this morning on The Open, the moderator reported that one analyst (Credit Suisse I think but mot sure) analyzed the market impact of the floods and ALA is one of the companies affected. May be why the stock dropped ay open.
Comment by
farlharv on Nov 19, 2021 1:05pm
Grain shipments are being re-routed through Oregon and out to Portland ports. It does look like any Petrogas cars targeted for Ferndale will have to be re-routed.