Union Pacific: Its Intermodal Volumes Fell in Week 23
Union Pacific’s intermodal volumes
In the week ended June 10, 2017, Union Pacific (UNP) hauled ~76,000 containers and trailers, 4.1% more than in the same period in 2016 on a year-over-year basis. In contrast with the other railroads, UNP’s container traffic grew faster than its trailers in the reported week of 2017. While its container traffic rose 4.2%, its trailers rose 1.6%.
The company’s trailer traffic rose 1.6% in week 23 compared with the corresponding period in 2016. The rise in UNP’s intermodal volumes in percentage terms was lower than the rise recorded by US railroad companies.
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Union Pacific and intermodal volumes
Union Pacific’s (UNP) intermodal business growth was highlighted after its recent drop in coal revenues. In 1Q17, Union Pacific’s intermodal volumes accounted for 37.5% of its total volumes, while its intermodal revenues contributed nearly 19%.
Union Pacific also has a presence in Mexico. The company’s intermodal business in Mexico suffered volume losses due to stiff competition from the trucking industry in 1Q17.
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In the next part of this series, we’ll look at BNSF Railway’s rail traffic.