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BC Rail undergoes company changes

VANCOUVER, B.C. -- BC Rail has appointed Forum Capital Partners as its financial advisor for the sale of Finlay Nav...


VANCOUVER, B.C. — BC Rail has appointed Forum Capital Partners as its financial advisor for the sale of Finlay Navigation so to seek a private operator for its inland marine transportation business.

According to Bob Phillips, BC Rail President and CEO, the company has decided that Finlay Navigation is not a core operation and does not fit into the company’s long-term plans for restoring its financial health.

Finlay Navigation provides a critical service to the northern forestry operations and given its current service and growth potential, BC Rail expects many qualified companies will express interest in acquiring Finlay.


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