Canada Post Inc. is selling off its third-party logistics business to a Montreal company, according to a media release Tuesday from the Crown corporation.
Canada Post Inc. is selling off its third-party logistics business to a Montreal company, according to a media release Tuesday from the Crown corporation.
If a company agrees to buy the business, then it means it has value for them. If that’s the case, why can Canada Post not derive value from SCI, but Metro can? Also, what will they do with the money they earned - will they reinvest it in growing services that are highly in demand?
They’re gonna spend the money on a 3rd party logistics company that doesn’t provide as good a service and ends up costing them 10x what they sold this for in yearly fees, delays, excess fuel usage etc. over a decade
The private company doesn’t have to worry about fair pay or safety