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Natural Resources committee Just to add, in talking about rate caps and anything like that, let's not forget that the railways are all making record profits today. They're making record profits and giving us the worst service we've ever seen.
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee Actually, maybe it was communicated wrong. I wasn't suggesting any great caps or anything like that. We were talking about what was going on with the farmers and what they did over there. We were saying that we agree with FPAC's findings and Hank Ketchum's note with regard to th
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee --to address that. It just got approval.
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee Absolutely.
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee We are currently working with the longshoremen. We're actually putting together a deal with them right now. I mean, to say we haven't wanted to use them in the past.... We have found it more competitive to send pulp from Terrace Bay up to Three Rivers, where they had a 50% rate r
April 1st, 2008Committee meeting
Pino Pucci
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee Yes, I appreciate that.
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee Sure, we wanted free trade. Yes, absolutely.
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee That is correct, yes.
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee Correct. It is just magnified today.
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee And we continue that practice today.
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee Okay, sure. I'll clarify. How do we address this situation? Every year we run a multitude of barges through the entire shipping season, as long as there's no ice, right from the day.... Our barges are getting ready right now because of all these rail issues. We had nine barges l
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee I guess there are two ways of answering the question about why they as a monopoly can just keep increasing the rates even if they increase the supply. Everyone is aware that all the rail lines are printing record profits today. In a monopoly system, I guess you have one of two wa
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee I'll start. From our standpoint, simply put, the rail lines do not have the ability, with how they're running their assets, to deliver to the capacity of the mill. Simply, when you produce 120 cars a week and they cap you out at 70, and they have the only line in, they're not gi
April 1st, 2008Committee meeting
Pino Pucci
Natural Resources committee Okay, I'll add something to address that. The simplest way to put it for us is to say that we produce about 120 cars of pulp today, weekly, at Terrace Bay Pulp. We cannot order from CP, the only line we have to that mill, any more than 70 cars a week. So if you try to punch int
April 1st, 2008Committee meeting
Pino Pucci