Tuesday, May 17, 2005

SeaSteak is Too Expensive

There are a bunch of people that are angry with SeaStreak, which is the company that runs the ferry service to New York out of the Highlands. SeaStreak keeps raising prices and many people have decided to take the train instead.

The company that owns SeaStreak, Sea Containers carries over $1.3 billion of debt, which means that the company has absolutely no room to accommodate a bunch of angry commuters by reducing prices.

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