Already living with high labour costs and tough environmental regulations, many bulk terminal operators along the Pacific Coast of North America are now faced with falling demand as the slow-down in the global economy bites.
Operators in the Pacific Northwest (PNW) are also feeling the effects of electrical power shortages that have curtailed alumina imports and import/export of other commodities.
Two of Canada's largest grain companies, United Grain Growers and Agricore, are merging to form Agricore United. To meet competition rules, the new entity has to sell or otherwise dispose of one of its export terminals in the Port of Vancouver, BC as well as several storage elevators on the prairies. The merger follows a similar round of amalgamation in the US....
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Approx 1200 words from Bulk Materials International, November/December 2001,
page 8.
