Weyerhaeuser says it may sell its Westwood shipping line and four regional short-line railroads in Arkansas, Oklahoma, Mississippi and Washington.
Weyerhaeuser says it may sell its shipping line and four regional short-line railroads.
The Westwood Shipping Line subsidiary has four ships that carry forest products and containers to 20 ports in Japan, Korea, China and North America.
The railroads serve mills in Arkansas, Oklahoma, Mississippi and Washington. They are the DeQueen & Eastern, Columbia & Cowlitz, MSV, and Golden Triangle railroads.
In Thursday’s statement the Federal Way-headquartered forest products company says it has not confirmed a timetable for completing what it calls an exploration of strategic alternatives as part of its asset restructuring.
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