The Puget Sound Navigation Company (PSNC) was founded by Charles E. Peabody in 1898. It operated a fleet of steamboats and ferries on Puget Sound in Washington and the Georgia Strait in British Columbia. Known colloquially as the Black Ball Line, the PSNC achieved a "virtual monopoly" on cross-sound traffic in the 1930s and competed with the Canadian Pacific Railway's steamships on several routes.