• Reduction in the active fleet of prime movers and tankers from...

• Reduction in the active fleet of prime movers and tankers from 960 to 460 units.
• Reduction in total Cootes Transport workforce from 1,150 to 470.

• Identification of transport and crane fleet assets for sale to reduce asset base and generate
proceeds of approximately $20 million.
• Reduction in total workforce from 530 to 465.

Those redundancies will create an added cost in the short term.

Also smaller fleet size = smaller revenue base??

Still need to prove themselves. IMO