KELOWNA, B. C. – Truckload carrier Glenncoe Transport is being shut down, due to the loss of a major customer and slowing demand for trucking services.
Glenncoe has been owned by Bison Transport since June, 2007. However, the carrier operated separately, serving B. C., Alberta and the US Pacific Northwest.
The closure was confirmed by Don Coe, president of Glenncoe Transport.
“This was a very difficult decision for us, as approximately 184 people will be affected by this closure,” he said in a statement.
“The loss of a major piece of business, combined with a lack of demand in the market is further complicated by the larger economic factors affecting most businesses in Canada. These challenges have rendered Glenncoe Transport no longer viable as a business. We have orchestrated an organized wind down of the company, exiting the business with the same high degree of professionalism and responsibility we have become known for.”
The closure is slated to take effect May 31, 2009.
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