Union Pacific’s railcar traffic
Omaha-headquartered Union Pacific (UNP) saw its carload traffic rise 3.4% in the week ended January 13, 2018. The company moved ~91,000 carloads that week, compared with ~87,800 carloads in the week ended January 14, 2017. Union Pacific saw a higher railcar traffic rise than rival BNSF Railway (BRK-B) in the second week of 2018.
Union Pacific’s carloads, excluding coal and coke, rose 9.3% to ~68,500 units in Week 2 of 2018 from ~62,600 units in Week 2 of 2017. Coal and coke carloads, which comprised ~25% of the company’s total carloads, fell 11.4% from ~25,200 carloads in 2017’s Week 2 to 22,300 carloads in 2018’s Week 2. The company’s carloads traffic gains contrasted sharply with the volume changes reported by other US railroads (XTN).
Changes in carload commodity groups
The following commodity groups posted volume gains:
- crushed stone, sand, and gravel
- lumber and wood products
- chemicals (DWDP)
- petroleum products
- metals and products
The following commodity groups posted volume losses:
- grain mill products
- pulp, paper, and allied products
UNP’s intermodal volumes
Union Pacific’s intermodal traffic rose 1.7% in Week 2 of 2018, less than rival BNSF Railway’s. Union Pacific hauled ~72,200 trailers and containers that week, compared with ~71,000 in Week 2 of 2017.
Its container traffic rose 2% to ~69,000 units in 2018’s Week 2 from ~67,600 units in 2017’s Week 2, while its trailer traffic fell 4.3% to ~3,300 trailers from 3,400. UNP’s overall freight volumes rose 2.6%, while US railroads’ volumes rose 0.5%. In the next article, we’ll look at Norfolk Southern (NSC).